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Recently, gold prices in New York have been rising quite a bit. Looking at market data from mid-last month, physical gold surpassed $4,930 per ounce, up more than 1% compared to the previous day. New York gold futures are also approaching $4,950, so I think it's a pretty strong move.
What's interesting is that not only gold but silver is also being bought at the same time. Physical silver is at $75, and New York silver futures are also over $75, nearly a 2% increase. It feels like the entire precious metals market is being bought. During such times, concerns about inflation or geopolitical uncertainties are often the background, and it seems the same trend can be seen in the New York market.