All Precious Metals Hit Records Amid Geopolitics
Economy
On Monday, December 22, the price of gold exceeded $4,400 per ounce for the first time in history, setting an absolute record. In 2025, the yellow metal has risen by more than 68% — the highest annual increase since 1979. Analysts attribute the surge to geopolitical instability, expectations of a Fed rate cut, and active purchases by central banks.
The world gold price set a new historical record, exceeding the $4,400 per troy ounce mark for the first time. On December 22, the spot price reached $4,420. Since the beginning of 2025, the precious metal's value has increased by more than 68%, the highest annual figure since 1979.
Analysts cite three key factors as the main drivers of unprecedented growth:
Escalation of geopolitical tensions, which increased demand for gold as a classic safe-haven asset.
Expectations of a softening of the US Federal Reserve's monetary policy. Traders expect two interest rate cuts in 2026, which reduces the appeal of bonds and forces investors to seek returns in commodity assets.
Record gold purchases by central banks worldwide. Financial regulators are actively increasing gold reserves to diversify reserves and reduce dependence on the US dollar.
The rise was also facilitated by a weakening US currency, making gold cheaper for foreign buyers. The trend was supported by other precious metals: silver reached a record $69.44 per ounce, and platinum hit a 17-year high.
According to Goldman Sachs forecasts, the factors supporting gold demand will persist into 2026, which could lead to further price increases.
Analysts cite three key factors as the main drivers of unprecedented growth:
Escalation of geopolitical tensions, which increased demand for gold as a classic safe-haven asset.
Expectations of a softening of the US Federal Reserve's monetary policy. Traders expect two interest rate cuts in 2026, which reduces the appeal of bonds and forces investors to seek returns in commodity assets.
Record gold purchases by central banks worldwide. Financial regulators are actively increasing gold reserves to diversify reserves and reduce dependence on the US dollar.
The rise was also facilitated by a weakening US currency, making gold cheaper for foreign buyers. The trend was supported by other precious metals: silver reached a record $69.44 per ounce, and platinum hit a 17-year high.
According to Goldman Sachs forecasts, the factors supporting gold demand will persist into 2026, which could lead to further price increases.
Powered by Froala Editor