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Opinion

Jonathan Kearns

Record gold, silver prices aren’t based on reality

With the Winter Olympics starting in Italy in a few days, the surge in precious metals has made those first and second-place medals even more lustrous (even including Friday’s sell-off).

With the Winter Olympics starting in Italy in a few days, the surge in the prices of gold and silver has made those first and second-place medals even more lustrous.

The price rise has been stunning, even including the sharp fall last week. The slope of the gold and silver prices in charts would have even the most fearless skier quivering, especially with Friday’s cliff.

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