Kim Kahn

And join the elite community of real investors to unearth great investing ideas.

Just head to seekingalpha.com.

Welcome to Seeking Alpha's Wall Street Brunch, our Sunday look-ahead to this week's market-moving events, along with the weekend's top news and analysis.

Hello, today is Sunday, January 18th, and I'm your host, Kim Kahn.

That's all for today's Wall Street Brunch.

Look for links to stories in the show notes section.

Don't forget, these episodes will be up with transcriptions at seekingalpha.com slash WSB.

And join the elite community of real investors to unearth great investing ideas.

Just head to seekingalpha.com slash subscriptions.

Welcome to Seeking Alpha's Wall Street Lunch, our afternoon update on today's market action, news, and analysis.

Good afternoon.

Today is Wednesday, January 14th, and I'm your host, Kim Kahn.

Our top story so far.

The precious metals rally keeps rolling.

Gold and silver hit fresh all-time highs, with gold up about 1% above $46.41 an ounce, and silver jumping 6% to top $90 an ounce for the first time.

Silver is now up roughly 50% over the past four weeks, and the silver ETF SLV is knocking on the door of overbought territory, with an RSI near 80 for the first time in a decade.

The move is built on last year's gains on the prospect of a criminal indictment of Fed Chief Jay Powell, which reignites worries over central bank independence.

Safe haven demand is also getting a boost from President Donald Trump's capture of Venezuela's leader, renewed threats to seize Greenland, and violent protests in Iran that could destabilize the Islamic regime, geopolitical shocks that are echoing through commodity markets.

Against that backdrop, Citigroup lifted its three-month targets to $5,000 for gold and $100 for silver.

Beyond Q1, the bank's base case is that moderating geopolitical risks will eventually weigh on hedging demand, particularly for gold, but it expects industrial metals, especially aluminum and copper, to perform well as the cycle shifts.