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Gold and Silver Smash Records Again as Rally Gathers Momentum
Gold, silver and platinum jumped to all-time highs to extend a historic end-of-year rally for precious metals, with support from escalating geopolitical tensions and US dollar weakness. Spot gold rose as much as 1.2% to a peak above $4,530 an ounce. Frictions in Venezuela, where the US has blockaded oil tankers and ramped up pressure on the government of Nicolás Maduro, have added to the precious metal’s haven appeal. Washington also launched a military strike against Islamic State in Nigeria in collaboration with the African nation’s government. Spot silver for immediate delivery advanced for a fifth session, ... (full story)
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From cnbctv18.com | Dec 25, 2025
Growing global tensions and the weakening US dollar contributed to the historic surge for precious metals, which saw gold and silver soar to all-time highs. Spot gold reached a record above $4,530 per ounce, up as much as 1.2%. The attractiveness of the precious metal has increased because of tensions in Venezuela, where the US has blockaded oil vessels and ...
From zawya.com | Dec 26, 2025
Silver smashed through the $75 mark for the first time on Friday, with gold and platinum also rising to all-time highs, as bets on U.S. rate cuts and geopolitical jitters fueled investor demand. Spot gold rose 0.8% to $4,516.50 per ounce, as of 0933 GMT, after touching a record $4,530.60 earlier, while U.S. gold futures for February delivery climbed 1% ...
From zawya.com | Dec 26, 2025
Gold discounts in India widened to their highest in more than six months this week as a relentless price rally curbed retail buying, while discounts in China narrowed sharply from last week's five-year highs. "People are in a festive mood and travelling, so they are not interested in making purchases at these record-high price levels," said a jeweller ...
