Gold, Silver, Platinum Surge: Inflation, Venezuela Tensions Drive Precious Metals
Update: 2025-12-17
Description
Gold prices surge towards new highs as investors eye US inflation data and Venezuela tensions. Silver and platinum also reach fresh peaks, indicating a strong upward trend in precious metals. Gold nears $4,300 an ounce, recovering from a brief dip, with upcoming inflation numbers and Fed officials speeches influencing its trajectory. Venezuelas political instability and US sanctions contribute to golds rise, with experts predicting potential gains to $5,000 next year. Investors await further monetary easing from the US central bank, with a 25% chance of another rate cut in January.
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