Silver prices have surpassed $45 for the first time since 2011, while gold is approaching record highs

Silver prices have broken through $45 per ounce for the first time in 14 years, while gold is approaching another record high, supported by risk aversion in the stock market and ongoing concerns about the direction of the U.S. economy. Spot silver rose by as much as 2.6%, continuing its strong upward trend this year, with a year-to-date increase of over 55%. This surpasses gold's 43% increase, as favorable factors such as a weakening dollar, central bank purchases, and rising geopolitical risks have driven gold to set over thirty record highs this year