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Silver and gold hit record highs – then crashed. Before joining the rush, you need to know this

  • Written by Angel Zhong, Professor of Finance, RMIT University
Silver and gold hit record highs – then crashed. Before joining the rush, you need to know thisZlaťáky.cz/Pexels, CC BY

The start of 2026 has seen gold and silver surge to record highs – only to crash on Friday.

Gold prices peaked above US$5,500 (A$7,900) per ounce for the first time on Thursday, well above previous highs. But by the end of Friday, it had dropped to around US$5068 (A$7,282).

Silver had been making gains even...

Read more: Silver and gold hit record highs – then crashed. Before joining the rush, you need to know this

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