Gold & Silver Soar to New Heights

Gold and silver prices soared to new heights on Friday, driven by escalating geopolitical tensions and a weaker U.S. dollar. Spot gold surged 1.5% to $2,417.59 per ounce, while silver skyrocketed 2.8% to $32.15 per ounce. The Middle East tensions and dollars decline pushed investors towards these safe-haven metals. Lower interest rate expectations from the Federal Reserve and increasing demand in industries like solar panels are also fueling silvers rally. Experts predict gold and silver to continue rising, offering a hedge against uncertainty for investors.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.