Latest news and stories about precious metals in Portugal for expats and residents.
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Gold is traditionally a safe-haven asset against inflation, rising deficits, geopolitical tensions and general economic concerns. In a logic similar to 'stashing it under the mattress', investors buy tangible assets, including gold, when they are worried.

Silver reached a new record high, topping US$88 per ounce in a week that has raised questions over the future independence of the US Federal Reserve (the Fed).
Precious metals reached record highs after a threat directed at the US central bank prompted market reaction and increased safe‑haven demand.

Silver prices have risen even faster than gold's — gaining more than 150% in 2025 — driven by strong investment demand, its inclusion on the US list of critical metals and a wave of acquisitions.
Gold and silver experienced significant price declines, but despite these drops the market still recorded a historic year overall — reflecting earlier gains and heightened volatility in precious metals.

The price of silver has risen to a new record level of €71.35 per ounce.

In 2025 the price of silver more than doubled, surpassing the appreciation recorded for gold over the same period.

Silver hit an all-time high today, reaching $70 per ounce, according to Bloomberg data.
