Gold rises to $4,502.75 per ounce, silver hits $75.14
- Last updated: December 26, 2025 | 14:48 ..
Picture used for illustrative purposes.
Gold and silver prices logged new record highs on Friday, driven by demand for safe-haven assets and growing expectations of another cut in US interest rates next year. Platinum and palladium prices also saw notable gains.
Spot gold rose 0.5 per cent to $4,502.75 per ounce by 02:25 GMT, after reaching a new record high of $4,530.60 earlier in the session.
US gold futures for February delivery climbed 0.7 percent to a new record level of $4,533.60 per ounce.
Spot silver surged 3.4 per cent to $74.35 per ounce, before touching its highest level on record at $75.14.
Platinum jumped 8 per cent to reach an unprecedented level of $2,413.62 per ounce by 03:04 GMT. Palladium also rose 4.4 percent to $1,757.25 per ounce.
WAM