Gold, Silver, and Copper Rally to Record Highs Amid Economic Uncertainty and Infrastructure Boom

Gold and silver are poised for their most significant annual gains since 1979, fueled by demand for safe-haven assets as tariff tensions, falling interest rates, and central bank acquisitions drive the surge. Copper, essential for EV manufacturing, AI infrastructure, and renewable energy projects, is nearing $12,000 per ton—its highest level since 2009.

Investors are flocking to metals as a hedge against inflation and economic instability. Gold reached an all-time high of $4,460 per ounce, surpassing its 1980 inflation-adjusted peak, while silver prices have more than doubled. The weakening dollar and anticipation of rate cuts have further accelerated the rally, making metals more attractive to international buyers.

The implications extend beyond markets—rising metal costs are already impacting jewelry, electronics, and construction expenses. This trend underscores broader concerns about currency devaluation and the accelerating global infrastructure buildout.