Gold prices have climbed above $5,000 per ounce for the first time in history, setting a new record as investors move into safe-haven assets amid rising global uncertainty. The precious metal reached highs above $5,100 on Monday, extending its strong rally. Silver has also surged past $100 an ounce, continuing its own historic rise.
Gold prices have jumped sharply as investors seek stability amid rising tensions in global markets. Uncertainty related to trade policy, geopolitical conflicts and broader market instability has pushed demand for gold and silver higher. Analysts point to supply and demand imbalances, growing asset diversification and safe-haven buying as key factors.
Silver also hit an all-time high above $100 an ounce, building on its substantial gains from last year. Markets see both metals as a hedge against uncertainty, especially when traditional assets like stocks or currencies face pressure.
Gold’s climb past $5,000 reflects intense demand and a shift in investor behaviour in times of uncertainty. Silver’s rise alongside gold underscores broader confidence in precious metals as a defensive investment.
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