Gold and silver prices skyrocketed to unprecedented levels this Friday, December 26, 2025, as global investors rushed toward safe-haven assets. Specifically, escalating geopolitical tensions and a sliding U.S. dollar have fueled a massive year-end rally. Consequently, both metals are on track for significant weekly gains as markets prepare for a volatile transition into 2026.
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Geopolitical Turmoil Drives Safe-Haven Demand
Military developments in Nigeria and renewed sanctions on Venezuela have created a “perfect storm” for precious metals. In fact, President Donald Trump recently confirmed U.S. airstrikes against militant targets in Nigeria, sparking fears of broader instability. Simultaneously, increased pressure on Venezuela’s oil exports has rattled energy markets. Therefore, investors are abandoning riskier assets in favor of gold to protect their portfolios against rising global uncertainty.
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Silver Surges Past $75 Amid Industrial Demand
Silver outperformed even gold today, surging over 4% to hit a record peak of $75.14 per ounce. While it tracks gold’s defensive appeal, silver is also benefiting from its critical role in clean-energy technologies. Specifically, the rapid expansion of the electronics and green-hydrogen sectors has tightened supply. With holiday-thinned trading amplifying price swings, analysts predict that silver’s dual role as a financial and industrial asset will keep it bullish.
Precious Metals Price Watch – Dec 26, 2025
| Metal Asset | Current Spot Price | Record High Today | Weekly Gain |
| Spot Gold | $4,506.76 | $4,530.60 | ~3.0% |
| Spot Silver | $74.80 | $75.14 | ~7.2% |
| Gold Futures (Feb) | $4,537.55 | $4,545.00 | ~3.1% |
| US Dollar Index | 97.89 | (Weakened) | -0.8% |
Weak Dollar and Fed Easing Bets
The rally is further supported by a weakening U.S. dollar and lower Treasury yields. Specifically, traders are betting that the Federal Reserve will pivot toward monetary easing in early 2026 as inflation cools. Consequently, a softer dollar makes gold cheaper for international buyers, boosting global demand. Furthermore, since gold is a non-interest-bearing asset, lower yields make it a much more attractive “store of value” compared to traditional bonds.
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Conclusion and Disclaimer
As we head into 2026, the fundamental drivers for precious metals—geopolitical risk and dollar weakness—remain firmly in place. While thin holiday liquidity might cause short-term dips, the long-term trajectory for gold and silver appears exceptionally strong..
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Disclaimer: Commodity markets involve high risk. These record highs reflect spot prices as of December 26, 2025. This report is for informational purposes and does not constitute financial advice. Always consult a certified investment advisor before trading in precious metals.
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