Gold price reached over a record $5,602 per ounce at the beginning of this year. The surging rally, however, came to a grinding halt before a trend reversal due to the Middle East conflict, which dragged down prices to $4,192 per ounce as of 22nd June.
Silver prices also reached an all-time high of over $121 per ounce on 26th January, before crashing to $66.5 per ounce on 22nd June.