Gold and silver prices rise, US jewelry up over 11% in one year

Golden Ten Data reported on March 11 that the latest CPI report shows a significant increase in jewelry prices over the past year, with an annual rise reaching 11.2% in February, providing an interesting window to observe recent geopolitical turmoil. This surge is mainly driven by the soaring prices of gold and silver. In times of uncertainty, they are often regarded by investors as safe-haven assets. Over the past year, this situation has occurred repeatedly. Initially, it was due to tariff issues, and now it is related to the worrying conflicts in the Middle East.