Silver crosses $77 mark while gold, platinum stretch record highs
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Silver reached a record $77.40/oz, while gold and platinum also hit all-time highs, driven by expectations of U.S. Federal Reserve rate cuts and geopolitical tensions. Silver surged 167% YTD, gold 72%, and platinum 169%. The U.S. dollar's decline enhanced gold's appeal, with predictions of further gains. Geopolitical events and Fed policy are influencing market volatility. All precious metals posted weekly gains, with platinum achieving its strongest weekly rise on record.
Source: Reuters The copyright of this article belongs to the original author/organization.
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