The prices for gold and silver have reached new record levels amid market uncertainty following the announcement of a U.S. Department of Justice investigation into the Federal Reserve. The news has increased demand for safe-haven assets as investors react to concerns over the central bank’s independence.
On Monday, gold prices approached $4,600 per ounce, while silver moved toward $85 per ounce.
The investigation was commented on by Federal Reserve Chair Jerome Powell, who suggested the move could be related to a pressure campaign from President Donald Trump’s administration regarding the country’s monetary policy decisions.
