Gold and Silver Soar to Record Highs Amid Global Uncertainty

• Global political tensions, including US-Iran conflict and Israel's actions, drive safe-haven demand for gold and silver.
• Fears of a trade war, fueled by Trump's Greenland proposal and tariff threats, increase investor anxiety and boost precious metal demand.
• Expectations of US Federal Reserve interest rate cuts make holding gold and silver more attractive due to lower opportunity costs.
• Declining confidence in the US dollar, stemming from aggressive tariff policies and rising debt, pushes investors towards hard assets.
• A broader commodity market rally and supply fears, particularly concerning critical minerals, contribute to the surge in metal prices.

Why It Matters: Gold and silver prices hit record highs driven by geopolitical tensions, trade fears, and interest rate cut expectations.