In 2025, gold prices reached record highs, climbing to $4,481 per troy ounce, while silver outperformed gold with gains of 130-140%. The surge in precious metals was driven by global political tensions, particularly between the US and Venezuela, and economic uncertainty stemming from tariffs and trade wars. Key events included rising tariffs under President Trump, geopolitical stress in the Middle East, and expectations of US Federal Reserve rate cuts. By late December, gold and silver prices peaked as investors sought safe havens amid escalating tensions. Teljes cikk (Euronews.com)