Gold, silver, copper surge as explosive rally sweeps over commodities Gold, silver, copper lead explosive rally in metals market Ines Ferré · Senior Business Reporter Wed, January 14, 2026 at 11:21 PM GMT+5:30 3 min read GC=F Gold (GC=F), silver (SI=F), and copper (HG=F) climbed to new highs on Wednesday, extending an explosive rally to mark the first two weeks of January. Gold (GC=F) futures hit a high of $4,650 per troy ounce, marking a 5% year-to-date gain. Wall Street analysts upped their forecasts in recent days given the recent US intervention in Venezuela, geopolitical tensions with Iran, and growing questions about Federal Reserve independence.
