Precious Metals Poised for All-Time Highs, Says Fundstrat

Fundstrat’s head of technical strategy, Mark Newton, predicts gold and silver will surge to new record highs by October, driven by expected Federal Reserve rate cuts.

In an interview with Fox Business, Newton said both metals are bottoming and breaking out of short-term trends, making it an attractive seasonal entry point for investors seeking diversification. He pointed to real rates declining and the Fed signaling up to four cuts by next summer as key catalysts. Gold is currently trading at $3,417 per ounce and silver at $39.39.

Clever Robot News Desk 26^th August 2025