#PredictionMarketDebate Silver prices vaulted above $80 per ounce on Tuesday, extending a dramatic rally fueled by the US military capture of Venezuela President Nicolás Maduro and mounting expectations that the Federal Reserve will resume aggressive interest rate cuts this year. Spot silver traded as high as $81.43 during Tuesday's session, approaching the all-time record of $83.62 set on December 28. The metal has gained approximately 9% since US forces apprehended Maduro over the weekend in an operation that introduced fresh geopolitical uncertainty to global markets. According to Bloomberg, spot gold rose as much as 2.9% on Monday to $4,430 per ounce, while silver jumped nearly 5%. The precious metals rally accelerated Tuesday as investors sought protection from heightened geopolitical risks. "The situation in Venezuela has rekindled the demand for safe havens, with gold and silver being favored as investors seek to shield themselves from geopolitical uncertainties," Tim Waterer, chief market analyst at KCM Trade, told CNBC