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Gold and Silver Jump as Rate-Cut Wagers Reignite Bull Run
Silver surged above $40 an ounce for the first time since 2011 and gold approached an all-time high as the prospect of Federal Reserve rate cuts gave fresh impetus to the multiyear bull run in precious metal markets. Spot silver rose as much as 2.6% to $40.7599 an ounce — taking gains this year to about 40% — while gold jumped as much as 1.2% to just below its April record above $3,500 an ounce. Gold hit a record Monday in a London Bullion Market Association auction. Both metals have more than doubled over the past three years, propelled by mounting risks in the spheres of geopolitics, business, and global trade. ... (full story)
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- Sep 1, 2025 12:49pm Posted byFundamental Analysis240
