Gold and silver prices often surge globally due to several key factors.

1. Economic Uncertainty: In times of financial instability, investors flock to precious metals as safe-haven assets, driving up demand and prices.

2. Inflation Hedge: Gold and silver are seen as effective hedges against inflation. When inflation rises, these metals preserve value better than fiat currencies, prompting heightened interest.

3. Geopolitical Tensions: Political unrest, wars, or diplomatic strains can trigger market volatility. Investors typically increase their allocation to gold and silver during such crises, leading to price surges.

4. Central Bank Policies: Actions by central banks, such as lowering interest rates or quantitative easing, can devalue currencies, making gold and silver more attractive as alternatives for wealth preservation.

5. Supply Constraints: Limited mining output and geopolitical issues in key mining regions can also restrict supply, further pushing up prices as demand remains constant or increases.

These factors collectively contribute to the rising trends in gold and silver prices globally.

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