Spike in Gold Price

Gold hits record above $5,100 as geopolitics drive safe‑haven rush
https://www.reuters.com/business/finance/gold-races-5100-record-peak-safe-haven-demand-2026-01-26/ 

Silver Prices Are Surging Even Faster Than Gold
https://www.nytimes.com/2026/01/28/business/silver-gold-prices.html
Silver has risen roughly 60 percent this month alone. What is going on?