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Gold & Silver Surge to Record Highs Amid US-Venezuela Tensions
Gold and silver prices surged to record highs on Monday, driven by safe-haven demand amid escalating U.S.-Venezuela tensions. Spot gold reached $4,440.21 per ounce, while silver hit an all-time high of $69.44. Analysts attribute the surge to President Trumps oil tanker blockade announcement and holiday-thin trading. Gold has skyrocketed over 69% this year, and silver is up even more, driven by supply shortages and festive demand from India. A weaker U.S. dollar and potential Fed chair appointment by Trump keep these metals in the spotlight.
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Published on 2 weeks, 1 day ago