Gold and Silver Prices Soar as Rate-Cut Speculations Revive Bull Market

Reported about 12 hours ago

Gold and silver prices have surged amid expectations of interest rate cuts by the Federal Reserve, with silver exceeding $40 per ounce for the first time since 2011, and gold nearing its all-time high just below $3,500. Both metals have more than doubled in value over the past three years, driven by geopolitical and economic uncertainties. Analysts suggest the prospect of lower borrowing costs and weakening demand for the dollar are likely to support further increases in gold and silver prices.

Source: YAHOO

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