Silver jumped about 9% on Friday to trade above $78 an ounce, setting a new record as a powerful year-end rally lifted precious metals broadly. Gold also pushed to fresh highs, with spot prices briefly topping $4,530 an ounce, while platinum and palladium posted sharp gains in the same surge. The coverage links the rush into metals to investors seeking perceived safe havens amid debt worries and rising geopolitical tensions, including new U.S. actions abroad during the holiday-thinned trading week.
Highlights:Silver jumped about 9% on Friday to trade above $78 an ounce, setting a new record as a powerful year-end rally lifted precious metals broadly. Gold also pushed to fresh highs, with spot prices briefly topping $4,530 an ounce, while platinum and palladium posted sharp gains in the same surge. The coverage links the rush into metals to investors seeking perceived safe havens amid debt worries and rising geopolitical tensions, including new U.S. actions abroad during the holiday-thinned trading week.
Highlights:
- Yearly outperformance: In 2025, silver (up 169%), platinum (up 172%), and palladium (up 124%) have outpaced gold’s 73% gain as well as the S&P 500’s 18% rise and Nvidia’s 42% increase, according to Fortune’s comparisons.
- Geopolitical catalysts: Fortune said the latest leg higher followed U.S. strikes on Islamic State targets in Nigeria and added pressure on Venezuela via targeting additional oil tankers, alongside a reported U.S. military buildup in the Caribbean cited by the Wall Street Journal.
- Fed expectations: Brookings senior fellow Robin Brooks wrote that the “debasement trade” has returned, noting precious metals started accelerating after Fed Chair Jerome Powell hinted at rate cuts, as described by Fortune.
- Gold year framing: One roundup highlighted that gold is on pace for its best year since the Jimmy Carter era, underscoring the scale of the move across the complex.
Perspectives:
- Fortune (market explanation): The move reflects investors rotating toward precious metals as perceived safe havens amid debt concerns and heightened geopolitical risks. (Fortune)
- Bloomberg (market snapshot): Precious metals extended a historic end-of-year rally, with gold, silver and platinum all reaching new records in late December trading. (Bloomberg)
- Reuters (price action focus): Silver rose about 9% to hit a fresh record high in the latest session, highlighting momentum at year-end. (Reuters (via Google News))
Sources:
- Silver prices continue soaring as debt fears and geopolitical tensions send precious metals to fresh record highs - fortune.com
- Silver rises 9% to hit fresh record high - Reuters - google.com
- Gold, Silver Smash Records as End-Of-Year Rally Continues - bloomberg.com
- Silver soars to hit another record high, gold extends rally - seekingalpha.com
Silver jumped about 9% on Friday to trade above $78 an ounce, setting a new record as a powerful year-end rally lifted precious metals broadly. Gold also pushed to fresh highs, with spot prices briefly topping $4,530 an ounce, while platinum and palladium posted sharp gains in the same surge. The coverage links the rush into metals to investors seeking perceived safe havens amid debt worries and rising geopolitical tensions, including new U.S. actions abroad during the holiday-thinned trading week.
Highlights:
- Yearly outperformance: In 2025, silver (up 169%), platinum (up 172%), and palladium (up 124%) have outpaced gold’s 73% gain as well as the S&P 500’s 18% rise and Nvidia’s 42% increase, according to Fortune’s comparisons.
- Geopolitical catalysts: Fortune said the latest leg higher followed U.S. strikes on Islamic State targets in Nigeria and added pressure on Venezuela via targeting additional oil tankers, alongside a reported U.S. military buildup in the Caribbean cited by the Wall Street Journal.
- Fed expectations: Brookings senior fellow Robin Brooks wrote that the “debasement trade” has returned, noting precious metals started accelerating after Fed Chair Jerome Powell hinted at rate cuts, as described by Fortune.
- Gold year framing: One roundup highlighted that gold is on pace for its best year since the Jimmy Carter era, underscoring the scale of the move across the complex.
Perspectives:
- Fortune (market explanation): The move reflects investors rotating toward precious metals as perceived safe havens amid debt concerns and heightened geopolitical risks. (Fortune)
- Bloomberg (market snapshot): Precious metals extended a historic end-of-year rally, with gold, silver and platinum all reaching new records in late December trading. (Bloomberg)
- Reuters (price action focus): Silver rose about 9% to hit a fresh record high in the latest session, highlighting momentum at year-end. (Reuters (via Google News))
Sources:
- Silver prices continue soaring as debt fears and geopolitical tensions send precious metals to fresh record highs - fortune.com
- Silver rises 9% to hit fresh record high - Reuters - google.com
- Gold, Silver Smash Records as End-Of-Year Rally Continues - bloomberg.com
- Silver soars to hit another record high, gold extends rally - seekingalpha.com