By John Meyer, consultant in business – Eurasia Business News, November 5, 2025. Article no 1893

Gold prices reached a record high of about $4,110 per ounce, driven by expectations of Federal Reserve interest rate cuts and easing of the US government shutdown, which pressured the US dollar and boosted safe-haven demand. The gold price surged more than 2% that day, briefly exceeding $4,100 before settling around $4,085. This rally in gold is part of a broader trend in 2025, with prices climbing over 50% year-to-date, supported by geopolitical tensions, central bank buying, and market fears of economic slowdown.

Silver prices also crossed the $50 mark on the same day, fueled by similar factors such as investor demand for safe-haven assets amidst economic uncertainty and supply constraints in the silver market.

The gold peak on November 10 was slightly below its record October high near $4,381 but represents a significant milestone in the ongoing bull market for precious metals, with analysts predicting possible further gains thanks to continued rate cut expectations and fiscal concerns in the U.S.

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© Copyright 2025 – Eurasia Business News. Article no. 1893