Gold prices hit a new record high of $4,530.80/ounce, with silver at $70.155/ounce due to safe-haven demand amid U.S.-Venezuela tensions. Gold is up 70%, silver over 130% this year. Factors favoring gold and silver include dovish Fed policy, global central bank gold purchases, and geopolitical tensions. However, a potential crude oil glut in 2026 could impact prices negatively. Market experts believe the gold and silver bull runs may be approaching an end, as public awareness increases. Despite this, longer-term technicals suggest continued bullish trends. The silver market, in particular, is seen as key, with potential for consolidation or further growth affecting gold prices.

Read more at Yahoo Finance: The Bull vs. Bear Case for Silver and Gold