Gold and silver prices set new highs on Monday, eclipsing $4,445 per ounce, with prices up nearly 70 percent since the start of the year. Gold has long been viewed as a hedge and a safe haven in times of economic and political turmoil.
Silver prices have risen 128 percent since the start of 2025.
Many have sought to balance their portfolios with gold and silver as a hedge for future turbulence.
Matthew McLennan, head of the global value team at First Eagle Investments, said that because of the outsized fiscal deficit in the United States, United Kingdom, Europe, as well as China and Japan, “the monetary value of gold has arguably reemerged.”
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