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Gold bullion, silver scale all-time peak
Business World Philippines
|October 14, 2025
GOLD soared to a record high on Monday, lifted by safe-haven demand amid renewed US-China trade tensions and expectations of US Federal Reserve interest rate cuts, while silver also surged to an all-time high.
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Spot gold was up 1.5% to an all-time high of $4,078.05 per ounce, as of 0538 GMT.
US gold futures for December delivery surged 2.3% to $4,093.50.
US President Donald J. Trump on Friday threatened to impose 100% tariffs on Chinese goods to the United States and announced new export controls on critical software by Nov. 1 in response to China’s curbs on rare earth elements and equipment, which Beijing defended on Sunday as justified while stopping short of imposing additional levies on US goods.
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