Gold and silver prices are high: Economist explains the boom

Gold and silver prices have surged recently, as global uncertainty continues to drive investors toward safe-haven assets. Credit: Credit: Credits: AAP Images

Since last year, gold and silver prices have climbed sharply as global uncertainties push investors toward safe-haven metals. In this episode, RMS Australia’s economist Devika Shivadekar breaks down what has been behind rising gold prices and explains why silver has earned the label of the “new gold.”

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Published 3 February 2026 12:04pm

Updated 4 February 2026 11:37am

By Natasha Kaul

Source: SBS

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Since last year, gold and silver prices have climbed sharply as global uncertainties push investors toward safe-haven metals. In this episode, RMS Australia’s economist Devika Shivadekar breaks down what has been behind rising gold prices and explains why silver has earned the label of the “new gold.”

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