What Happened in Late January 2026? The Precious Metals Crash, Shanghai’s Divergence, and the Paper vs. Physical Market Reality
5 mn readIn late January 2026, global markets saw one of the most dramatic price moves in precious metals history. After a powerful rally that saw both gold and silver reach records — silver above $115 and gold above $5,000 per ounce — prices suddenly crashed sharply on Western exchanges, wiping out significant gains. This move shocked many investors because […]
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