Gold, Silver Rates Climb Amid Soaring Crude Oil Prices

Gold and silver are precious metals that people buy to keep their money safe.

Lately, their prices have been going up.

Oil prices are also rising, which can make many everyday things more expensive.

One big reason is a disagreement between the United States and Iran.

Reports said the US stopped a ship in the Gulf of Oman, and that made countries worried about oil supplies.

When people feel worried, they often buy gold and silver, pushing prices higher.

The US is also releasing new numbers about inflation today.

Inflation measures how fast prices of things go up.

If inflation looks high, many experts think gold and silver prices will climb even more.

Right now prices are high, but nobody knows for sure if they will keep rising.