Gold reaches $4,690 per ounce and silver reaches $93 amid escalating global market volatility.

Precious metal prices surged, with gold reaching $4,690 per ounce and silver climbing to $93 per ounce, fueled by increased demand for safe havens and heightened volatility in global markets. This rise reflects a strong resurgence in investment demand for precious metals amid escalating uncertainty, as investors seek to hedge against risk and risk appetite wanes in financial markets.