Gold Trades Near Record Highs while Silver Hits 14-Year Peak
From ironfxcn.com
Gold prices are once more edging towards fresh record levels, as hopes of Federal Reserve rate cuts, a sinking U.S. dollar, and ongoing geopolitical anxieties push the yellow metal to record highs. Silver too has drawn interest, crossing the $40-an-ounce barrier for the first time in 14 years, as investor appetite for precious metals continues to rise in response to persistent inflationary pressures and macroeconomic uncertainties. Near the start of the week (1 September 2025), spot gold was around $3,471 per ounce, just $30 off its all-time high of $3,500 in April. Silver, on the other hand, shot up above $40, a ...
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