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Gold and silver storm to records

Financial Express Kochi

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January 13, 2026

GOLD AND SILVER climbed to records in a broad-based metals rally as the US Justice Department threatened the Federal Reserve with a criminal indictment, reviving concerns over the central bank's independence.

The yellow metal spiked above $4,600 an ounce, while silver surpassed $85 after Fed Chair Jerome Powell said the potential indictment comes amid "threats and ongoing pressure" by the administration to influence interest-rate decisions. Th

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