Gold prices hit a new all-time high as investors seek a more bullish outlook, and President Donald Trump’s approval rating surged to an all-Time high of 59%.
The benchmark silver coin rose 0.9%, to $1.9275 an ounce, as investors sought to cash in on Trump’s economic revival, as well as the election of Trump as president.
The dollar also touched a new high against the euro, hitting a three-week high against $1 to $2.13, and the yen gained 0.2%, to 109.4 yen.
Gold, one of the precious metals most valuable commodities, rose to a five-year high in the wake of the election, hitting an all time high above $1 million.
The U.S. has been in the market for a year and a half, the longest bull run in the history of the dollar.
The dollar also rose against the yen, which fell 0.1% to 121.35 yen.
The gold market, however, was not so lucky, with the greenback hitting its lowest since May of 2017, dropping to a seven-year low of $137.47 an ounce.
Silver rose 0% to $23.75 an ounce after hitting a new record high of $5,664 an ounce in February, which was its biggest weekly gain in nearly two months.
Gold and silver are also both gaining on a global dollar index, which has been trending lower since the election.
The 10-year US Treasury note gained 0% in value, as the central bank announced that it would start raising interest rates in the coming weeks.
Gold was the biggest gainer in the 10-month US Treasury bill on Tuesday.
Gold’s price has been gaining for weeks, as Trump has been able to rally investor sentiment around his economic policies.
Gold prices are now at an all year high, according to Goldrush, a market research firm.