Tag: Silver

Global investors reached for classic safe-haven assets Monday, driving gold, silver, and the U.S. dollar higher, as President Donald Trump’s ousting of Venezuela President Nicolás Maduro added a new element of geopolitical risk to markets early in the new year.

Silver prices hit a fresh all-time high in early Friday trading, topping the $75 an ounce mark for the first time on record, as precious metals extended a historic year of gains amid concerns over currency debasement and a surge in industrial demand.

Silver rallied Thursday to tap its highest price in more than 13 years, with the industrial metal finally making a significant move to catch up to gold’s gains, pulling the gold-silver ratio down to its lowest level since the Trump administration’s “liberation day” tariff announcement.