18 Jan 2026 | 5 Mins Read
China and US data, along with Davos remarks
Flipitmoney
Global markets navigated a turbulent week amid escalating Iran tensions, Fed autonomy concerns, and rate cut expectations. The US dollar rose, reaching a 7-week high, while gold and silver surged to record highs as risk appetite dwindled. The COMEX gold price peaked at $4650.50 before easing, while COMEX silver gained 11.7% and WTI crude oil prices retreated below $59 per barrel.