{"id":21669,"date":"2025-10-17T09:58:37","date_gmt":"2025-10-17T09:58:37","guid":{"rendered":"https:\/\/businesstriumphs.com\/index.php\/2025\/10\/17\/editors-picks-gold-price-breaks-us4300-silver-soars-past-us54\/"},"modified":"2025-10-17T09:58:37","modified_gmt":"2025-10-17T09:58:37","slug":"editors-picks-gold-price-breaks-us4300-silver-soars-past-us54","status":"publish","type":"post","link":"https:\/\/businesstriumphs.com\/index.php\/2025\/10\/17\/editors-picks-gold-price-breaks-us4300-silver-soars-past-us54\/","title":{"rendered":"Editor\u2019s Picks: Gold Price Breaks US$4,300, Silver Soars Past US$54"},"content":{"rendered":"<\/p>\n<p><strong>It\u2019s been yet another historic week for gold and silver, with both setting new price records.<\/strong><\/p>\n<p>The yellow metal broke through US$4,200 per ounce and then continued on past US$4,300. It rose as high as US$4,374.43 on Thursday (October 16), putting its year-to-date gain at about 67 percent. <\/p>\n<p>Meanwhile, silver passed US$54 per ounce and is now up around 84 percent since 2025\u2019s start.<\/p>\n<p>Gold\u2019s underlying price drivers are no secret \u2014 factors like central bank buying and waning trust in fiat currencies have been major themes in recent years, and they continue to provide support. <\/p>\n<p>But it\u2019s worth looking at a number of other elements currently in play.<\/p>\n<p>Among them are a resurgence in the US-China trade war, which has ramped up geopolitical tensions, and the ongoing American government shutdown. The closure has stalled the release of key economic data ahead of the Federal Reserve\u2019s next meeting later this month.<\/p>\n<p>There have also been troubles at two regional banks in the US \u2014 they say they were the victims of fraud on loans to funds that invest in distressed commercial mortgages. Aside from that, Rich Checkan of Asset Strategies International sees western investors entering the market. <\/p>\n<p>\u2018We don\u2019t have a tidal wave or a tsunami by any stretch of the imagination, but the western investor is getting back into this,\u2019 he said, noting that for the past few years his company has mostly been selling to high-net-worth individuals and people looking for deals. \u2018Now we\u2019re having flat-out sales.\u2019 <\/p>\n<p>Checkan also weighed in on where gold is at in the current cycle, saying the indicators he tracks \u2014 including the gold-silver ratio, interest rates and the US dollar \u2014 don\u2019t point to a top. <\/p>\n<p>\u2018They can take a breather, there\u2019s no question about that \u2014 you almost kind of want them to. But the reality is, there\u2019s no top in sight,\u2019 he said. \u2018I\u2019ve got about, I don\u2019t know, seven, eight, nine different indicators I look at for the top in a bull market for gold. None of them are firing.\u2019 <\/p>\n<p>When it comes to silver, the situation is a little more complicated.<\/p>\n<p>Vince Lanci of Echobay Partners explained that the London silver market is facing a liquidity crisis \u2014 while there\u2019s not a shortage of the metal, it isn\u2019t in the right place, and that\u2019s creating a squeeze.<\/p>\n<p>Here\u2019s what he said: <\/p>\n<p>\u2018London, when it needs metal, is having a hard time getting it from Asia, because China is not cooperating with the west \u2014 for good reason in their mind. And for some reason, the US is not making its metal available as robustly as it used to, to help fill refill London\u2019s coffers. And so that creates a short squeeze. <\/p>\n<p>\u2018There\u2019s enough metal in the world for current needs \u2014 let\u2019s say for today\u2019s needs. But it\u2019s not where it should be. So it\u2019s a dislocation.\u2019 <\/p>\n<p>Lanci, who is also a professor at the University of Connecticut and publisher of the GoldFix newsletter on Substack, also made the point that although these circumstances are front and center now, they\u2019re just one part of the larger ongoing bull market for silver. In his view, its growing status as a critical mineral will have major implications, and a triple-digit price is realistic.<\/p>\n<div class=\"rebellt-item                                col1\">\n<h3>                            Arcadia Economics interview                                <\/h3>\n<p>As a final point, I was recently interviewed by Chris Marcus of Arcadia Economics. <\/p>\n<p>It was fun being on the other side of the camera for a change, and I have a new appreciation for everyone who sits down to answer my questions. Check out the interview below.<\/p>\n<\/div>\n<div class=\"rebellt-item                                col1\"><span class=\"rm-shortcode\"><\/span><\/div>\n<p><strong>Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.<\/strong><\/p>\n<\/p>\n<div>This post appeared first on investingnews.com<\/div>\n","protected":false},"excerpt":{"rendered":"<p>It\u2019s been yet another historic week for gold and silver, with both setting new price records. The yellow metal broke through US$4,200 per ounce and then continued on past US$4,300. It rose as high as US$4,374.43 on Thursday (October 16), putting its year-to-date gain at about 67 percent. Meanwhile, silver passed US$54 per ounce and [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":21670,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-21669","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing"],"_links":{"self":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/posts\/21669","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/comments?post=21669"}],"version-history":[{"count":0,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/posts\/21669\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/media\/21670"}],"wp:attachment":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/media?parent=21669"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/categories?post=21669"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/tags?post=21669"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}