Precious Metals Rally Reaches Historic Highs
Gold, silver, and platinum surged to all-time highs on Friday, extending a historic end-of-year rally. Spot gold reached $4,540 per ounce, with February US futures peaking at $4,584 before settling at $4,555. Silver futures jumped over 9% to $78.30, while platinum advanced 10% to $2,475. Palladium soared 13% to surpass $2,000 per ounce. Investor interest, robust central bank purchases, and inflows into exchange-traded funds fueled this rally.
The gold price rally positions the metal for its largest annual gain since 1979, exceeding 70% growth. The SPDR Gold Shares ETF grew holdings by over 20%, reflecting strong physical demand. Analysts emphasize that momentum is driven by conviction rather than speculation, and Goldman Sachs predicts gold could reach $4,900 per ounce in 2026.
Silver Squeeze and Market Dynamics
Silver’s rally outpaced gold with a staggering 160% gain in 2025, fueled by speculative inflows and persistent supply shortages. A historic short squeeze in October disrupted trading hubs, leaving much of the metal in New York awaiting regulatory outcomes. Analysts highlight the need for physical silver to match paper positions, intensifying the squeeze and supporting elevated prices.
SuperMetalPrice Commentary:
The historic rally in gold, silver, and platinum highlights strong physical demand and macroeconomic risk sensitivity. Investors should watch ongoing ETF inflows, central bank purchases, and potential trade interventions in silver, as these factors will shape precious metals pricing into 2026.
Leave a Reply
You must be logged in to post a comment.