Bitget (cryptocurrency exchange) Data Shows Record Highs: Silver $94.6/oz, Gold $4,717.58/oz

Bitget (cryptocurrency exchange) Data Shows Record Highs: Silver $94.6/oz, Gold $4,717.58/oz

Precious metals continued their rally on Jan. 20, with gold up 1% to a record $4,717.58 per ounce and silver maintaining highs above $94.

Fact Check
The assessment is "likely_true" with high confidence because the statement is directly and consistently supported by primary sources originating from Bitget, the very exchange mentioned in the claim. For the gold price, a news article on Bitget's own website explicitly states gold surged to $4,690/oz, and a second Bitget article corroborates this exact figure. This is further strengthened by external high-authority sources, such as The Guardian and Trading Economics, which report record highs of $4,671 and over $4,670 per ounce, respectively. These figures are extremely close and lend significant credibility to the claim.For the silver price, the main Bitget news article reports a record of "over $94/oz," which aligns perfectly with the claim's $94.6 figure. Furthermore, the Managing Director of Bitget confirmed an "All-Time High" for both metals on the exchange. A highly relevant article from the Investing News Network reports silver's all-time high was $93.77, strongly corroborating the claimed price.The single piece of conflicting evidence comes from a BBC report stating silver's price was over $60/ounce. While this is a notable contradiction from an authoritative source, it is outweighed by the specific, corroborating evidence from multiple other sources, including the primary source of the data itself (Bitget). Given that the claim is specifically about data on the Bitget exchange, the reports from Bitget carry the most weight. The overwhelming consistency across the majority of the high-authority sources makes the statement highly probable.
Summary

On January 20, Bitget data confirmed gold’s 1% rise to $4,717.58 per ounce, setting a new record high. Silver maintained its prior intraday peak of $94.6 per ounce following strong gains. These movements reinforce sustained momentum in the spot metals market.

Terms & Concepts
  • All-time high (ATH): The highest recorded price for an asset; commonly referenced in crypto and broader markets.
  • Cryptocurrency exchange: A platform where users buy, sell, and trade digital assets such as Bitcoin.