HONG KONG, Jan 12, 2026 (BSS/AFP) - Gold and silver surged to record highs 
after the US Justice Department targeted the Federal Reserve in an 
investigation, fuelling fears over the bank's independence and raising demand 
for safe haven assets.

Gold vaulted toward $4,600 an ounce and silver approached $85 for the first 
time after Fed chair Jerome Powell warned a potential criminal indictment is 
part of President Donald Trump's pressure campaign on monetary policy 
decisions.