Gold at $4,600 and Silver at $90: The great distrust in the system already has a price
While most retail traders are distracted by cryptocurrency volatility, institutional capital and central banks are sending a deafening message through precious metals. On January 15, 2026, gold has consolidated above $4,630, while silver has broken through the psychological barrier of $90. This is not just a simple "rally", we are in a phase of price discovery.
The catalyst: The wounded independence of the Fed
The main driver behind this rise is not just inflation, but an institutional crisis in the U.S. The criminal investigation against Jerome Powell and direct pressure from the White House have broken a financial taboo: the independence of the central bank. When the market stops believing in the arbiter that controls the dollar, it flees toward what cannot be printed or controlled by political decrees: physical metal.
Silver: The Technological "Trojan Horse"
If gold is the refuge against fear, silver is the refuge against scarcity. In 2026, silver has ceased to be just a jewel and has become a critical input for AI and renewable energy infrastructure. With rising resource nationalism and China's export restrictions, silver is experiencing an industrial squeeze that has led to an 180% revaluation over the past 12 months.
Technical Analysis: Where is the ceiling?
Technically, both metals are in overbought territory (RSI above 75), suggesting we might see a healthy pullback toward $4,520 for gold. However, in a market driven by institutional panic, technical indicators often take a back seat. Analysts at major firms are already targeting $5,000 for gold before the second quarter.
Conclusion:
Owning gold or silver today is not just an investment; it's a financial life insurance. In a world where the rules of the game change every morning in Washington, the shine of the metal is the only constant light.
