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

• Gold and silver prices hit all-time highs, driven by a weakening US dollar and rising global tensions.
• Spot gold surpassed $4,530 per ounce (up 1.2%), while silver broke $75 per ounce for the first time (up 4.5%).
• Key drivers include Venezuela sanctions, Trump's military action in Nigeria, speculative investment, and supply disruptions.
• Precious metals show strongest annual return since 1979, with silver up over 150% and gold up approximately 70% in 2025.
• Anticipated US Federal Reserve rate cuts and heavy central bank buying further support the rally.

Why It Matters: Global instability and rate cut expectations propel gold and silver to unprecedented record highs.