Gold remains supported by steady demand amid heightened geopolitical uncertainty
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Firstpost12-01-2026, 12:06

Gold, Silver Soar to Record Highs Amid Geopolitical Tensions & Rate Cut Hopes

  • Spot gold hit an all-time high of $4,563.61 per ounce, marking its first record peak of 2026.
  • Silver also reached a new record at $83.50 per ounce, driven by geopolitical uncertainty and US interest rate cut expectations.
  • Geopolitical tensions, including unrest in Iran, Trump's tariff policy concerns, and Venezuela's political situation, are fueling safe-haven demand.
  • Analysts expect bullion markets to maintain positive momentum, with any dips seen as buying opportunities.
  • Gold and silver are projected to remain structurally supported through 2026, with central bank accumulation and industrial demand driving prices.

Why It Matters: Gold and silver hit record highs due to geopolitical instability and anticipated US interest rate cuts.

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