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, 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.