00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Silver surged past $75 per ounce for the first time on Friday, according to Reuters.
00:08Gold and platinum climbed to record highs as expectations for U.S. rate cuts and geopolitical
00:13uncertainty boosted demand. Spot gold rose 0.6% to $4,505.30, and U.S. gold futures gained 0.7%
00:23to $4,534. UBS said lower rate expectations and low liquidity are amplifying volatility.
00:31Gold is on track for its strongest annual gain since 1979, supported by Federal Reserve easing,
00:37central bank buying, ETF inflows, and de-dollarization. Spot silver jumped 2.4% to $73.68
00:45after hitting $75.62, up 158% year-to-date. Platinum and palladium also rallied
00:53sharply on tight supply. For all things money, visit Benzinga.com.
Comments