Gold exceeds $4,100 per ounce and silver rises to an unprecedented peak

Gold prices continued to set new records, exceeding $4,100 per ounce, today, Tuesday, with increasing possibilities for a reduction in Silver prices in spot transactions rose 2.2% to $53.60 per ounce, supported by the same factors that led to the rise of gold.

In other precious metals, platinum rose 1.9% to $1,677 per ounce, and palladium gained 2.1% to $1,505 per ounce.

Traders expect probabilities By 99% and 94% to reduce interest rates by 25 basis points this October and next December, respectively.

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