Silver Hits Record High, Gold Surges Amid Rate Cut Hopes & Geopolitical Tensions

• Silver reached a record $67.5519 an ounce, while gold neared its all-time high of $4,365, driven by market expectations.
• Anticipation of Federal Reserve rate cuts in 2026 and calls for aggressive cuts by Donald Trump are boosting precious metals.
• Escalating geopolitical tensions, including US actions against Venezuela and Ukraine's attack on a Russian oil tanker, increase safe-haven demand.
• Strong speculative inflows, supply tightness, and increased central bank buying are fueling silver and gold's historic annual gains.
• Goldman Sachs analysts project gold to rally further, with a base case of $4,900 an ounce, citing competition for limited bullion.

Why It Matters: Silver and gold soar to new highs, fueled by rate cut expectations and global instability.