Gold & Silver Skyrocket: Record Highs & Safe Haven Demand

Gold and silver prices surge to record highs, driven by hopes for interest rate cuts and global tensions. Spot gold reaches $2,414.29 per ounce, while silver soars to $29.80 per ounce—levels not seen in over a decade. Central banks dovish signals and geopolitical risks fuel the rally, while silver benefits from its safe-haven status and booming industrial demand for solar panels and electric vehicles. Analysts predict prices will remain elevated amid these factors, with some fluctuations due to incoming economic data and world events.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.