Concerns over U.S. fiscal instability and global economic uncertainty have intensified demand for safe-haven assets, leading to a surge in investment in both gold and silver. In addition, the recent Iran-Israel conflict has heightened geopolitical risks, increasing the likelihood that the upward trend in crude oil and other commodities will persist for some time. On April 12, silver futures for July delivery on the New York Mercantile Exchange (COMEX) soared to $36.46 per troy ounce , marking a 24.6% increase since the beginning of the year. This surge is largely attributed to growing concerns about global trade disputes, the weakening of the U.S. dollar, and the declining value of U.S. Treasury securities, which have driven investors towards safe-haven assets. Historically, periods of geopolitical instability such as trade conflicts and wars have strengthened the U.S. dollar and Treasury bonds, but mounting risks associated with the U.S. government’s debt default and economic slowdo...