Gold, Silver Surge to Record Highs Amid Rate Cuts, Geopolitical Worries
Update: 2025-12-22
Description
Gold and silver prices hit new highs, driven by anticipation of interest rate cuts and geopolitical concerns. Spot gold rose 1.1% to $2,450.70, while U.S. gold futures surged 1.3% to $2,454.20. Silver soared 2.8% to $32.54, a 10-year peak. Platinum edged up 0.2% to $1,076.75, and palladium fell 1.3% to $1,773.53.
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