Reasons Behind the Rise in Silver and Gold Prices

Reasons for the Rise in Silver and Gold Prices

Silver and gold prices are following an upward trend due to increasing tensions between the US and Venezuela, as well as US inflation data that has caught investors' attention. During the day, the price of gold per ounce reached up to $4,340, reflecting an increase of 0.37% and is currently trading at $4,318. Meanwhile, silver per ounce has risen to a record level of $66.47, with the current price reaching $65.82 after a 3.28% increase.

Why Are Gold and Silver Rising?

US President Donald Trump's statements regarding the blocking of oil tankers from Venezuela seem to have had an impact on the increase in precious metal prices. Trump emphasized that Venezuela must return all oil, land, and other assets belonging to the US, stating that he would take strict measures on this issue. Additionally, US inflation data, which has become an important factor for investors, is being closely monitored for clues about the future of the Fed's monetary policy.

On the other hand, the non-farm payroll figures announced yesterday showed that non-farm employment increased by 64,000 people, exceeding expectations. However, the downward revisions of the figures for August and September heightened concerns about the labor market. The difficulty in measuring key data during the government shutdown process has also led investors to adopt a cautious approach.

Returns of the Most Profitable Funds in 2025

This year's developments have supported the rise in precious metals, providing significant returns to investors in silver and gold funds. As of 2025, precious metal funds are performing the best with a return of 89.88%. Various gold and silver funds in this category are on the radar of investors.

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