Gold, silver price today: Precious metals hit lifetime high; here's what's driving the rally
Gold, silver price today: Precious metals hit lifetime high; here's what's driving the rally
Gold and silver prices soared to lifetime highs in the domestic futures market, mirroring a robust international rally. This surge is primarily driven by growing expectations of US Federal Reserve rate cuts and a weakening dollar, significantly boosting demand for precious metals. Ongoing geopolitical tensions, including trade disputes and conflicts, are also contributing factors.
Gold and silver prices soared to lifetime highs in the domestic futures market, mirroring a robust international rally. This surge is primarily driven by growing expectations of US Federal Reserve rate cuts and a weakening dollar, significantly boosting demand for precious metals. Ongoing geopolitical tensions, including trade disputes and conflicts, are also contributing factors.