Gold, silver at record highs: analysts predict further upside as geopolitical risks persist

Core Viewpoint - Gold and silver prices reached record highs due to a flight to safety prompted by US President Donald Trump's threat of additional tariffs on certain European nations [1] Group 1: Market Reaction - The surge in gold and silver prices indicates a strong investor response to geopolitical tensions and trade disputes [1] - The increase in demand for precious metals reflects a broader trend of seeking safe-haven assets during periods of uncertainty [1] Group 2: Economic Implications - The potential for increased tariffs may exacerbate existing trade tensions, leading to further volatility in financial markets [1] - Investors are likely to continue monitoring developments in US-EU relations as they could impact commodity prices and overall market stability [1]