VCG. Spot gold broke through the $4,500 per ounce for the first time on Wednesday, with other noble metals, including silver and platinum, also hitting all-time h

Gold surged close to the $4,500-per-ounce mark on Tuesday, while silver hovered just shy of $70, as expectations of looser U.S. monetary policy and simmering geopolitical tensions propelled both precious metals toward record highs.

Spot gold rose 0.8% to a fresh all-time high of $4,524 per ounce. With this jump, gold has gained around 72% so far this year.

Gold was up 1.3% at $4,400.89 per ounce and was on course for its best annual performance in more than four decades. Silver ( XAGUSD:CUR) also participated in the rally, with spot prices jumping 3.3% to a record $69.44 at the time of writing. Both metals are set for their strongest yearly performance since 1979.

Spot gold hit a record high in early Asia hours trade on Tuesday, propelled by rate cut bets, geopolitical and economic uncertainty, and central bank and ETF buying.

Gold prices are surging to unprecedented levels, with spot gold briefly hitting a new record high of $3,699.57. While the rally has some questioning if a bubble is forming, market strategist Otavio Costa of Crescat Capital firmly asserts that this is ...

Spot gold prices (XAUUSD:CUR) approached the historic $4,000/oz level on Tuesday, while gold futures climbed past that mark for the first time ever. The precious metal's price has soared +51.4% YTD as investors have flocked to the safe-haven asset amid U.S ...

Silver prices rose to a record high Tuesday, surpassing the $60 milestone for the first time as the precious metal has outpaced gold this year amid a global supply squeeze and another expected interest rate cut by the Federal Reserve. The price for the ...

Spot gold was higher and Pepperstone said the precious metal’s move toward $4,500 a troy ounce indicated the market’s new comfort with higher prices.