<h1>Gold and silver prices surge to record highs amid geopolitical tensions, boosting safe-haven demand and ETF inflows.</h1> Sharp rallies in precious metals are driven by heightened safe-haven demand, geopolitical tensions, weak US dollar and strong ETF inflows, resulting in record domestic and international highs for silver and gold. Industrial demand and currency depreciation specifically supported silvers outperformance, producing exceptional percentage gains and new price benchmarks. Market commentators project continued upside pressure from risk hedging and portfolio reallocations into ETFs, potentially sustaining elevated commodity valuations and influencing investor hedging strategies and liquidity flows in bullion markets.