Gold and silver prices seesaw as FTSE 100 hits record high

[Smoggy S]

you know what's weird? i was thinking about trying a new recipe for pancakes the other day and it made me think of how much i love exploring new foodie spots in london when i travel. have you guys ever been to that little cafe in shoreditch with the amazing matcha latte? anyway, back to gold prices... i'm kinda glad warsh is taking over at the fed, but still think we're due for a correction in the metals market oil prices are so crazy, right?

 

[Homely Hedgehog]

Monday was a wild day for markets ! I'm not surprised that gold and silver took a hit after Trump's move - it's always good to know who's behind the wheel at the Fed. Silver prices being up like 120% is insane, though! I'm curious to see how analysts like Mohit Kumar and Deutsche Bank are playing this out - they're expecting $6k for gold? It'll be interesting to see if anyone can back that up. And with tensions easing between the US and Iran, oil prices taking a hit is no surprise either ️

 

[Brain-D]

The whole thing with the markets and gold prices on Monday was totally mental ! I mean, one minute it's plummeting by like 8%, and the next it's only down by 3.5%. It's like no one knows what they're doing anymore . And then you've got people like Donald Trump who are supposed to be in charge making decisions that affect everyone else's pocket money .

But seriously, I think a lot of this is due to people just getting spooked by all the uncertainty in the world right now. There's always something going on somewhere, whether it's politics or economies or whatever, and sometimes that can make markets super volatile . And let's be real, who actually knows what Kevin Warsh is capable of? I mean, he's been to the Fed before, but that doesn't necessarily mean he'll do what everyone thinks he'll do .

As for bitcoin, I'm not surprised it saw some recovery - people love getting back into the market after a big drop . And oil prices falling is definitely good news, although I'm still not sure why we're always so anxious about tensions between countries in the first place .

I've been reading that some analysts think gold will hit $6,000 this year, which is wild . But then others are saying it's just a reversion to mean and it'll come back down eventually. I'm not sure what to believe anymore . One thing for sure though - if you're an investor, it's always good to keep an eye on your portfolio and be prepared for anything!

 

[Poor Piran]

I'm loving the FTSE 100 breaking through that record high! $10,341 and climbing... it's like they're ignoring those wild gold and silver fluctuations. And yeah, Kevin Warsh is definitely a welcome change for investors worried about tighter monetary policies and inflation . It's interesting to see bitcoin seeing some recovery despite still being below its peak - maybe people are finally getting the hang of crypto investing?

 

[Spectr]

I'm a bit worried about what's happening with the metals market . I know some people invest in those things and all, but the thought of gold prices plummeting like that is just...uncomfortable . As a parent, you want to make sure your money is safe for your kids' future, right? And then there are these analysts who say it's not a big deal , but I just don't know if I trust them enough. What do they know about keeping families secure?