Gold & Silver Surge to New Heights

Gold and silver prices surged to new heights, driven by escalating geopolitical tensions and a weaker US dollar. Spot gold rose 1.5% to $2,417.59 per ounce, while silver soared 2.8% to $32.15 per ounce. Safe-haven buying, a weaker dollar, and anticipated interest rate cuts are fueling the demand for these metals. Silvers popularity in industries like solar panels is also contributing to its rise. With ongoing risks, investors expect gold and silver prices to continue climbing.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.