Precious Metals Skyrocket as Gold Hits Record High – Fed Cuts & Global Tensions Fuel Rally
Key Facts Gold (yellow bars) and silver (grey bar) prices have rallied sharply in late 2025 as investors seek safe-haven assets amid economic uncertainty and geopolitical tensions. Gold reached record highs above $3,790/oz this week, while silver hit its best levels since 2011. Gold: Record Run on Fed Rate Bets and Unrest Gold has been on a tear, capping a two-year rally with new all-time highs this week. On September 23, spot gold hit an intraday record of $3,790.82/oz reuters.com before settling slightly lower. Even after a brief mid-week pullback on profit-taking, prices were holding near $3,750 by Thursday. The