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Why are gold and silver at all-time highs?

Asked 3 hours ago

Answer

Gold and silver reach all-time highs due to escalating geopolitical tensions, persistent central bank and ETF demand, expectations of lower US interest rates, a weakening dollar, inflation concerns, and increased fiscal risks. Additional drivers include market volatility, declining trust in central banks, and safe haven demand amid global uncertainty.

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CBS America

Some Americans kept spending in 2025 despite concerns about economy

CBS America · Just In
CBS America
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Just In
  • US GDP grew 4.3% in Q3 2025, driven by consumer spending 3s
  • Top 10% of earners account for half of all spending; disparity is growing 42s
  • Lower-income households face rising debt and delinquencies 1m 5s
  • Unemployment rate hit 4.6%, with job growth mainly in health care 1m 54s
  • Gold prices reached $4,500, projected to rise amid market volatility 3m 7s

References

Some Americans kept spending in 2025 despite concerns about economy
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CBS America
4 hours ago
Some Americans kept spending in 2025 despite concerns about economy

Gold is experiencing its best year since 1979, driven by market volatility and inflation concerns.

Gold and silver hit all-time highs
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Bloomberg
4 hours ago
Gold and silver hit all-time highs

Consensus expects the rally to continue due to persistent macro catalysts, including central banks diversifying away from dollar assets into gold, escalating geopolitical tensions, and increased ETF demand.

Gold and silver hit all-time highs
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Bloomberg
4 hours ago
Gold and silver hit all-time highs

Geopolitical tensions, such as risks in Venezuela and militancy in Nigeria, are reviving the risk premium for precious metals.

Gold and silver hit all-time highs
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Bloomberg
4 hours ago
Gold and silver hit all-time highs

ETF buyers have reportedly purchased more gold than central banks, with ETF demand now spiking for other metals as well.

Gold as a safe haven asset
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CNBC
3 days ago
Gold as a safe haven asset

Gold has surged over 70% this year to a record high, attributed to global debt increases, higher fiscal spending, and rising inflation.

Gold as a safe haven asset
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CNBC
3 days ago
Gold as a safe haven asset

Geopolitical risks, including US pressure on Venezuela and Russia-Ukraine conflict, have contributed to gold's rally, but the main driver remains fiscal and monetary concerns.

Bitcoin falls below $89,000 as gold hits a fresh record
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CNBC
4 days ago
Bitcoin falls below $89,000 as gold hits a fresh record

Safe haven demand is favoring metals, with gold hitting another record high amid crypto market declines.

Gold climbs to record high amid geopolitical tensions
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Bloomberg
4 days ago
Gold climbs to record high amid geopolitical tensions

Gold is up more than two-thirds this year, driven by expectations of lower US interest rates, weakening US dollar, concerns over central bank trust, and ongoing geopolitical tensions.

Gold climbs to record high amid geopolitical tensions
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Bloomberg
4 days ago
Gold climbs to record high amid geopolitical tensions

Other precious metals such as silver, platinum, and palladium have also spiked, with sharp moves attributed to small, illiquid markets during this time of year.

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