Gold & Silver Surge Amid Rate Cut Expectations

Gold and silver prices surge as investors anticipate Fed interest rate cut, driving gold above $4,270 and silver to new nominal highs of $58 per ounce. Silvers 100% increase this year and potential rise to $60 predicted, while gold nears record high of $4,336. US dollar index declines, and cryptocurrency prices drop, fueling precious metals rally.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.