Why gold and silver prices are rising today: Gold price surges 3.5% while silver jumps over 5% — but is gold price surge a short-term bounce or a long-term bullish trend?

Gold price surge hits 3.5% today, while silver price jumps over 5%. The gold price surge is driven by a weaker U.S. dollar and easing rate hike expectations. Lower oil prices are cooling inflation fears fast. Investors are returning to safe-haven assets like gold and silver. The drop in bond yields is supporting bullion demand. Markets are also reacting to Middle East de-escalation signals. Silver prices are rising faster due to industrial demand and high volatility. The key question remains clear. Is this gold price surge a short-term rebound or the start of a long-term bullish trend in precious metals prices?