Gold and silver are breaking records in 2025 because structural demand, policy shifts, and real-world shortages have converged at the same time, pushing both metals to all-time highs. Gold has climbed nearly 60% this year to trade around $4,200 per ounce, after falling below $4,000 in late October/early November. 4000 has psychologically become a price floor in mid-Nov. As of the time of writing, gold is trading in the 4200 range. While silver has almost doubled in 11 months, surging to fresh highs near $56. These moves aren’t speculative bursts - they reflect powerful, overlapping forces reshaping global markets. A ... (full story)