Gold, Silver, Platinum Hit Record Highs Amid Geopolitical Tensions, Economic Uncertainty

• Gold, silver, and platinum reached new record highs, driven by geopolitical tensions and economic uncertainty.
• Spot gold climbed to $4,957.10 per ounce, after touching an all-time peak of $4,966.59.
• The dollar index fell to a two-week low, making precious metals more affordable for international buyers.
• Diminishing confidence in U.S. assets is channeling investments into precious metals, according to analysts.
• Spot silver surged to $98.87 an ounce, with platinum gaining to $2,650.90 per ounce.

Why It Matters: Precious metals like gold, silver, and platinum are soaring to record highs due to global instability.