Silver has surpassed 75 dollars an ounce, while gold and platinum have reached new historical highs, supported by expectations of interest rate cuts and geopolitical tensions.

On Friday, silver surpassed 75 dollars an ounce for the first time, rising by 4.5% to 75.20 dollars, after reaching a historic high of 75.62 dollars. This 161% increase since the beginning of the year is due to supply shortages and the inclusion of silver on the list of critical minerals in the U.S. Spot gold rose by 1.1%, reaching 4,526.92 dollars, while gold futures contracts advanced by 1.3%.

Expectations for interest rate cuts by the Federal Reserve in 2026 and geopolitical tensions have amplified demand for precious metals. Peter Grant from Zaner Metals mentioned that levels of 77-80 dollars for silver and 4,686.81 dollars for gold are achievable. Platinum rose by 8.7%, reaching 2,411.46 dollars, recording the largest weekly increase in history.