Gold & Silver Surge Amid Economic Worries

Gold and silver prices surge to record highs amid economic worries and global tensions. Gold hits $4,480.60 per ounce, up 71% year-to-date, while silver soars to $69.09 per ounce, a 137% increase since January. The gold-silver ratio tightens, with silvers dual role as an investment and industrial metal driving its price swings. Investors are drawn to silver as a cheaper entry into precious metals, and lower interest rates fuel industrial demand. As these metals rally, they attract those seeking to hedge against uncertainty and diversify portfolios.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.