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Gold and silver retreat from record highs as 2026 brings volatility and geopolitical shocks

By

Chloe Taylor

9d ago· 8 min readenInsight

Summary

Gold and silver experienced record rallies in 2025, surging 66% and 135% respectively, but have since turned volatile in early 2026. Silver suffered its worst single-day drop since the 1980s in late January, and gold's safe-haven status has been questioned following the outbreak of the U.S.-Iran war in February. Gold is down nearly 8% year-to-date, while silver has lost over 20%. Macquarie strategists noted that market attention is now on the trajectory of precious metals amid geopolitical turmoil and shifting investor sentiment.

Source

bskyGold and silver retreat from record highs as 2026 brings volatility and geopolitical shockscnbc.com

Key quotes

· 3 pulled
Silver futures suffered their biggest single-day blow since the 1980s at the end of January
Gold's safe haven status has been called into question after the outbreak of the U.S.-Iran war in February
Strategists at Macquarie said all eyes were now on the trajectory
Snippet from the RSS feed
Gold is down almost 8% so far this year, while silver has shed more than 20%.

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