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2025-10-18

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Geopolitical Risk Fuels Gold Highs: Oil & Silver Next?

Geopolitical risks have overtaken supply surplus concerns, reshaping market dynamics as gold hits new highs. gold surged nearly 2% on Monday, surpassing $4600 for the first time, marking a record high with a $280 gain year-to-date. silver climbed nearly 4%, while Brent crude oil rose over 1%, nearing $64 per barrel. Meanwhile, traders are increasingly betting on higher oil prices via the options market. With gold at record highs, does the geopolitical premium justify further upside? In the precious metals space, which do you favor for 2026: gold, silver, or oil?

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