International gold and silver prices jumped to record levels today following threats of legal action against the US Federal Reserve launched by the Justice Department.
The action fuelled concern on the ability of the institution to function independently, as well as increasing market demand for secure investment shelters.
Gold was at 4.600 dollars an ounce and silver rose to 85 dollars an ounce for the first time after Federal Reserve Chair Jerome Powell accused President Trump of 'political pressures and intimidation'.
The Justice Department warning against the US Central Bank might eventually lead to an indictment.
President Trump has repeatedly critisised the Fed's monetary policies.