Gold notches new all-time high above $4,100, silver soars to first record since 1980

Gold notches new all-time high above $4,100, silver soars to first record since 1980 Comments Gold and silver futures surged to fresh highs Monday, with gold breaking through the $4,100/oz level for the first time and silver surpassing the previous record set in January 1980, as a flare-up in U.S.-China trade tensions and prospects of further U.S. interest rate Quick Insights Rising U.S.-China trade tensions, prospects of further U.S. rate cuts, slowing U.S. growth, lower interest rates, and a weaker dollar are the main drivers. Analysts forecast potential further gains, with Bank of America projecting gold could reach $5,000/oz and…