Gold and silver hit all-time highs on rising uncertainty, while U.S. stock futures little changed
U.S. stock-market futures were flat Monday while gold and silver futures hit new all-time highs, amid uncertainty around the Fed’s independence and the Trump administration’s tariffs, as well as rising optimism about potential interest-rate cuts.
The continuous contract for gold futures GC00+0.97% on the New York Mercantile Exchange rose to a record high of $3,552.40 an ounce on Monday. Gold was most recently trading up 0.9%, around $3,547. The precious metal has seen its price soar about 34% year to date. The continuous contract for silver SI00+2.21% also surged 2% to a new high Monday, at $41.760. Silver was most recently trading at $41.580, up about 42% this year.
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