Reasons Behind the Rise in Silver and Gold Prices

Reasons for the Rise in Silver and Gold Prices

Silver and gold prices are on an upward trend due to escalating tensions between the USA and Venezuela, as well as investor attention on US inflation data. During the day, the price of gold per ounce rose to $4,340, with a 0.37% increase, and is currently trading at $4,318. At the same time, silver per ounce reached a record level of $66.47, and its current price is $65.82, reflecting a 3.28% increase.

Why Are Gold and Silver Rising?

Statements made by US President Donald Trump regarding the blockade of oil tankers originating from Venezuela have seemingly influenced the rise in precious metal prices. Trump emphasized that Venezuela should return all oil, land, and other assets that belong to the US, indicating that he would take strict measures on this issue. In addition, US inflation data, which has become a significant factor for investors, is being closely monitored for clues regarding the Fed's future monetary policy.

Furthermore, the non-farm payroll data released yesterday showed that non-farm employment increased by 64,000 people, exceeding expectations. However, the downward revision of the August and September data has raised concerns about the labor market. The inability to effectively measure important data during the government shutdown process is leading investors to adopt a cautious approach.

Top Performing Funds Returns in 2025

These developments throughout the year have supported the rise of precious metals, providing significant gains to investors in silver and gold funds. By 2025, precious metal funds are showing a 89.88% return, making it the best-performing category. Various gold and silver funds in this category are on investors' radar.

The information provided here does not constitute investment advice. It is important to consult a specialist for details.