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Gold and Silver Rally to Fresh Record Peaks on Global Uncertainty
Gold and silver surged to record highs as geopolitical tensions, a weak dollar, and safe haven demand powered strong year-end bullion rallies.
Precious metals hit unprecedented highs as investors sought safe-haven assets amid escalating geopolitical tensions and a weakening U.S. dollar. Both gold and silver extended powerful year end rallies, with spot gold reaching above $4,530 per ounce and silver crossing the $75 mark, driven by strong demand and continued inflows into bullion markets. Factors such as expectations of U.S. Federal Reserve rate cuts, central bank buying, and broad macroeconomic uncertainty have supported the surge.