Gold and silver prices have experienced a significant increase in value due to economic uncertainty, with gold hitting a six-year high. According to CBS News, gold is currently priced at $1,340 per ounce, while silver is at $15.11 per ounce.

The surge in precious metal prices has been attributed to a variety of factors, including global trade tensions and political instability. Investors are turning to gold and silver as safe-haven assets in times of uncertainty, causing demand to rise and prices to follow suit.

Experts predict that gold and silver prices will continue to climb in the coming months, especially if the current economic tumult persists. According to BBC News, the ongoing US-China trade war and Brexit negotiations have created a volatile market environment, prompting many to seek refuge in gold and silver.

While the rising prices of gold and silver may spell trouble for some investors, others see it as an opportunity to capitalize on the precious metals market. As the world economy remains in flux, the allure of gold and silver as safe investments shows no sign of waning.