Gold Prices Hit Record: At the Peak of 4,185 Dollars

Gold Prices Are Writing History

Recently, the rising tensions between the United States and China and the expectations for two planned interest rate cuts by the U.S. Federal Reserve have driven gold prices to record levels. Today, bullion gold prices reached an all-time high of $4,185 per ounce.

Silver Waves and High Demand

After a volatile session on Tuesday, silver prices began to rise. Prices climbed to $53.54 per ounce, marking a new all-time high, but then experienced a sharp decline.

Treasury Yields and Fed Expectations

The yields on U.S. Treasury bonds fell to their lowest levels in weeks after Fed Chair Jerome Powell signaled a quarter-point interest rate cut on Tuesday, increasing tensions in the markets.

Flight to Safety and Gold as a Safe Haven

Comments made by U.S. President Donald Trump suggesting that trade in cooking oil with China could be halted created a general atmosphere of risk aversion in the markets. This reinforced gold's status as a safe haven, further impacting investors.

Challenges in the London Silver Market

Liquidity issues in London negatively affected silver prices while increasing the global physical demand for silver. Prices in London exceeded those of New York futures, reaching record levels, and as the gap between the two markets narrowed, the costs for borrowing silver began to decrease.

Investor Expectations and Critical Review

Investors are awaiting the results of the U.S. government's investigation into critical minerals, referred to as Section 232, while maintaining their tensions. This review raises concerns about the potential for new tariffs on metals such as silver, platinum, and palladium.