Gold Nears Record Highs Amid US Data, Venezuela Tensions; Silver Soars to New Peak

• Gold surged above $4,325/ounce, nearing its October record of $4,381, driven by US economic data and geopolitical events.
• Silver hit a fresh record high of $65.6463, extending its powerful rally.
• Investors await US inflation data and Fed officials' speeches for clues on future interest rate cuts, which boost precious metals.
• Geopolitical tensions in Venezuela, including a US blockade order, enhance gold's safe-haven appeal.
• Gold is up two-thirds this year, on track for its best annual performance since 1979, with experts predicting further gains.

Why It Matters: Gold and silver rally to new highs, fueled by US economic data, Fed rate cut expectations, and Venezuela tensions.