Small font size A Larger text size A Largest text size A

PRECIOUS-Silver tops $100 an ounce for the first time

BY Reuters | ECONOMIC | 01/23/26 10:47 AM EST

Jan 23 (Reuters) - Spot silver prices jumped to the key psychological level of $100 an ounce ?level for the first time on ?Friday as robust demand ?and buying momentum ?fueled prices.

Silver's ?run toward the $100 an ounce ?mark comes as investors ?pile into safe-haven assets in the ?backdrop of geopolitical ?turmoil, ?and amid expectations of lower interest rates by the U.S. ?Federal Reserve.

The white metal has surged more than 200% since Trump took office for ?a ?second term in January last year. Strong ?gains in silver have also been driven by ongoing challenges in scaling up refining of the metal and a ?persistent supply shortage in the market. (Reporting by Anjana Anil in Bengaluru; ?Editing by Leroy Leo)

More Fixed Income News

China's factory activity expansion accelerates in January, private PMI shows BY Reuters |ECONOMIC 08:45 PM EST
India budget seeks manufacturing pivot, but falls short of expectations BY Reuters |ECONOMIC 07:59 PM EST
Shares jittery in Asia as metals gyrate, earnings loom BY Reuters |ECONOMIC 07:38 PM EST
Shares jittery in Asia as metals gyrate, earnings loom BY Reuters |ECONOMIC 07:38 PM EST

All Fixed Income News

In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

fir_news_article