Gold, silver whipsawed by global tensions
May 26, 2026
Gold and silver prices are continuing to swing wildly as escalating tensions between the United States and Iran send shockwaves through global commodity markets and drive oil prices sharply higher. The latest phase of the conflict began in late February following co-ordinated U.S.-Israeli strikes against Iranian nuclear and military targets, adding fresh uncertainty to already volatile bullion markets.
In the latest issue of Canadian Coin News (Vol. 64 No. 6), we examine how geopolitical instability, inflation fears and energy prices are reshaping the outlook for precious metals investors. Gold and silver both reached historic highs earlier this year before suffering dramatic corrections amid a strengthening U.S. dollar and shifting interest rate expectations.
From Canadian Coin News