Gold and Silver Hit All-Time Highs as Geopolitical Tensions Rise

Bloomberg Gold and silver soared to all-time highs, as escalating geopolitical tensions and bets on further US rate cuts added momentum to the best annual performance in more than four decades. Bullion climbed more than 1.5% to surpass the previous record of $4,381 an ounce set in October, while silver rallied as much as 3.4%, closing in on $70 an ounce, extending gains that have put both metals firmly on course for their strongest annual performance since 1979. Most Read from Bloomberg The latest pus ...