“Silver and gold / Silver and gold / Everyone wishes for silver and gold” – the season for watching Rudolph might be over, but the precious metals rally isn’t. Silver, in particular, took off at the end of 2025 and into the new year, driven by limited supply, hedges against inflation and other macroeconomic- and policy- instability, and momentum.
Source: Bloomberg, XAU and XAG as of 1/15/2026
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