Gold and silver reached new record highs on Friday as investors flocked to safe-haven assets amid rising global tensions and a weakening US dollar.
This shift was largely driven by geopolitical factors.
Silver followed gold’s advance, boosted by its industrial applications, particularly in electronics and clean energy technologies, and its safe-haven appeal.
Analysts say that while price fluctuations may be amplified due to lower liquidity throughout the Christmas period, broader fundamental factors suggest that gold and silver will remain strong well into the new year.
