Futures for precious metals have hit new record highs this week. On 23 October, the price of gold reached a historic peak, rising to $2,772.55 per ounce, while a day earlier, silver futures surged to $35.07 per ounce - the highest level since September 2012.
Analysts at XPBEE attribute this growth to increased demand for safe-haven assets amid escalating geopolitical tensions, primarily due to renewed conflict in the Middle East. Over the weekend, reports emerged that Israel plans to retaliate against Iran.
Another contributing factor is the upcoming US presidential election, set for 5 November. Prediction markets are leaning toward a Trump victory, and his return to the White House could weaken the dollar and spark trade wars with China and even the EU. This further drives traders towards safe-haven assets. Additionally, the easing of US Federal Reserve monetary policy is playing a significant role in the rising prices of precious metals.

Robert Kiyosaki, economist, investor, and author of the bestseller *Rich Dad Poor Dad*, is known for his predictions of a collapse in the US economy and his calls to stock up on precious metals and bitcoin. This time, Kiyosaki has urged investors to focus particularly on silver to protect their capital. In his view, now is the time to buy the metal before its price reaches the historic high of around $50. Silver last traded near this level in 2011, and Kiyosaki believes that this record may be broken once again.