Gold and Silver Reach New Record Levels Amid Expectations of US Interest Rate Cuts

The price of gold rose to a record level of $4530.6 per ounce earlier in the session, before stabilizing at $4512.35 currently.
Meanwhile, silver experienced a strong surge, reaching $74.35 per ounce, then recording its highest level ever at $75.14, reflecting strong demand for the white metal in global markets.
These gains confirm the continued trend of investors towards safe assets amid economic uncertainty, highlighting the role of gold and silver as key hedging tools against market volatility.