📈 Gold Surges Past US$4,500/oz to Record High! 🚀

Precious metals are hitting all-time peaks driven by geopolitical tensions and US rate cut expectations. • Gold reached a record high of US$4,497.55/oz, with US futures at US$4,519.20/oz. • Year-to-date, gold has risen over 70%, acting as a safe-haven asset amidst US-Venezuela tensions and expected easing of US monetary policy. • Silver also soared to a record US$69.98/oz, with spot prices at US$69.56/oz. • Silver has outperformed gold, gaining over 141% since the start of the year, backed by supply shortages, high industrial demand, and investment inflows. • Platinum prices also advanced to all-time highs. • Analysts predict gold could target US$5,000/oz in the medium term, while silver's long-term target remains at US$75/oz, with active growth resuming after the holiday season.