#GoldandSilverHitNewHighs 📈 Current Precious Metals Story (Short Rundown)
Gold & silver are ripping higher:
Spot gold just hit fresh record highs near ~$4,950/oz amid macro uncertainty and haven demand.
Silver has surged strongly on both investment demand and industrial usage, also hitting multi-year highs above ~$97–$99/oz recently.
Broad macro drivers include weakening USD, geopolitical tensions, and priced-in U.S. rate cuts in 2026.
Wall Street outlook is bullish longer-term:
Some major financial houses have raised long-term gold price forecasts — e.g., Goldman Sachs lifting targets to