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Gate ELSA Futures Trading Challenge is Now Live!
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💰 Get 20 USDT for your first futures trade
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join now: https://www.gate.com/campaigns/3911
Announcement link: https://www.gate.com/announcements/article/49432
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Spot silver breaks through the $99 mark, with a cumulative increase of over 38% in the first month of the new year
On January 23, news broke that the precious metals market is experiencing an epic rally:
Price breakthrough: Spot silver surged strongly intraday, breaking above the $99/ounce level for the first time.
Stunning increase: In just three weeks at the start of 2026, silver has gained over 38%, significantly outperforming gold (13%).
Market analysis: As a precious metal with both industrial and financial attributes, silver is showing strong offensive momentum amid expectations of liquidity flooding and runaway inflation. #ETH $ETH