Silver Rises Over 120% YTD 
Gold has maintained its bullish momentum throughout early 2025, marking eight straight weeks of gains—the strongest streak since 2020’s nine-week rally. After reaching a new all-time high near $2,956, the metal faced selling pressure but remains firmly in bull territory.
Market analysts believe the $3,000 psychological barrier will likely be tested soon, though it may struggle to maintain that level initially. This impressive rally coincides with a weaker US dollar and persistent risk aversion stemming from uncertainty around US trade and tariff policies, particularly regarding Canada and Mexico.
Investors are also closely monitoring upcoming economic indicators, including the Q4 2024 US GDP report and the Fed’s preferred inflation measure (PCE data) scheduled for Friday. With concerns about overvalued stock markets and signs of economic slowdown, gold may potentially outperform stocks in 2025 as investors seek safe-haven assets.
