Gold and silver's historic rally could resume 'as fog of war lifts', market watchers say

Argor-Heraeus' CEO Robin Kolvenbach holds one kilo bars of silver and gold at the plant of refiner and bar manufacturer Argor-Heraeus in Mendrisio, Switzerland, July 13, 2022. Denis Balibouse | Reuters The rally that propelled gold and silver to record-breaking highs in 2025 could pick up again if a U.S.-Iran peace deal is reached, market watchers told CNBC as prices ticked higher on Thursday. Spot gold jumped 1.2% to $4,750 per ounce early on Thursday, amid hopes that the U.S. …