Reasons Behind the Rise in Silver and Gold Prices

Reasons for the Rise in Silver and Gold Prices

Gold and silver prices are on the rise due to increasing tensions between the US and Venezuela, as well as US inflation data that have caught the attention of investors. During the day, gold per ounce reached up to $4,340, reflecting an increase of 0.37%, and is currently being traded at $4,318. Meanwhile, silver per ounce reached a record level of $66.47, and its current price is $65.82, showing an increase of 3.28%.

Why Are Gold and Silver Rising?

Statements by US President Donald Trump regarding the blockage of Venezuelan oil tankers seem to have influenced the rise in precious metal prices. Trump emphasized that Venezuela must return all oil, land, and other assets belonging to the US and stated that he would take strict measures in this regard. In addition, US inflation data, which have become an important factor for investors, are being closely monitored as they provide clues about the future of the Fed's monetary policy.

On the other hand, the non-farm payroll data released yesterday showed an increase of 64,000 jobs in non-farm employment, exceeding expectations. However, the downward revisions of the August and September data have heightened concerns about the labor market. The inability to measure important data accurately 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 in precious metals, while silver and gold funds have provided significant gains for investors. By 2025, precious metal funds are displaying the best performance 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 an expert for details.