
Silver prices continue soaring as debt and geopolitical fears send precious metals to new records
Key Points:
- Silver prices surged 9.6% to surpass $78 per ounce for the first time, with gold, platinum, and palladium also hitting record highs amid a broader rally in precious metals.
- Year-to-date gains show silver up 169%, platinum 172%, and palladium 124%, significantly outperforming gold’s 73% increase, Nvidia’s 42% rise, and the S&P 500’s 18% advance.
- The rally was driven by escalating geopolitical tensions, including U.S. strikes on Islamic State targets in Nigeria, increased pressure on Venezuela, and a military buildup in the Caribbean signaling potential regional conflict.
- Investors are flocking to precious metals as safe-haven assets amid concerns about rising debt levels and potential









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