Gold and Silver Prices Hit 3-Month Highs Amid Dollar Weakness

Gold and silver prices climbed to their highest levels in three months on August 22, 2026, driven by a weakening US dollar and increased safe-haven demand.

The precious metals rally reflects investor uncertainty in traditional equity markets, with gold serving as a hedge against the ongoing volatility in US bond yields.

Market analysts expect the upward trend to continue as long as the dollar remains under pressure and geopolitical tensions persist in the Middle East.