If you haven't heard, precious-metal prices are soaring

Precious-metals prices, especially gold and silver, are surging. Experts point to economic uncertainty, conflict surrounding trade, and investor demand as major forces pushing prices higher. In the face of uncertainty around the globe, more countries and their central banks are stockpiling precious metals as a protection against the potential collapse of fiat currency. 

Gold trading is approaching record highs; some experts predict the price per ounce could reach $4,000 within the next year. Silver is also seeing prices unmatched since 2011. In addition to being a “safe-haven asset,” part of silver’s increased demand comes from its industrial application in products like solar panels.