{"id":1336137,"date":"2025-12-23T15:48:26","date_gmt":"2025-12-23T13:48:26","guid":{"rendered":"https:\/\/prm.ua\/precious-metals-prices-soar-gold-and-silver-break-records\/"},"modified":"2025-12-23T15:48:26","modified_gmt":"2025-12-23T13:48:26","slug":"precious-metals-prices-soar-gold-and-silver-break-records","status":"publish","type":"post","link":"https:\/\/prm.ua\/en\/precious-metals-prices-soar-gold-and-silver-break-records\/","title":{"rendered":"Precious metals prices soar: gold and silver break records"},"content":{"rendered":"<p><strong>On Tuesday, December 23, gold prices set a historic high, surpassing $4,500 per ounce. At the same time, silver also hit a new high.<\/strong><\/p>\n<p> Reuters <a href=\"https:\/\/www.reuters.com\/world\/india\/gold-hits-record-high-safe-haven-demand-silver-climbs-new-peak-2025-12-23\/\" rel=\"nofollow noopener\" target=\"_blank\">reports<\/a> this.<\/p>\n<p> Spot gold rose 0.9% to $4,486.55 an ounce, after hitting an intraday high of $4,497.55. U.S. gold futures for February delivery rose 1.1% to $4,519.20 an ounce.<\/p>\n<p> Silver added 0.8% to $69.56, after hitting a record high of $69.98. Silver has gained more than 141% since the beginning of the year, outpacing gold in growth amid tight supply, strong industrial demand and active investment.<\/p>\n<p> Platinum prices jumped 2.2% to $2,167.25, hitting a more than 17-year high, while palladium rose 2.5% to a three-year peak of $1,803.91, following the trend of gold and silver.<\/p>\n<p> Analysts attribute the increased demand for precious metals to geopolitical tensions between the United States and Venezuela, which keeps gold in the spotlight of investors as a reliable hedge against uncertainty.<\/p>\n<p> In addition, market participants continue to view precious metals as an effective tool for portfolio diversification and capital preservation. Last week, US President Donald Trump announced a blockade of all oil tankers from sanctioned Venezuela, which further supported gold prices.<\/p>\n<p> Markets are also reacting to reports of a possible appointment of a new Federal Reserve chairman as early as January, pricing in expectations of two rate cuts next year amid forecasts of a softer monetary policy.<\/p>\n<p> Gold is up over 70% year-to-date, combining factors of geopolitical instability, rate expectations, central bank purchases, dedollarization, and inflows into ETFs.<\/p>\n<p> Also follow <strong>\u201cPryamim\u201d<\/strong> on <a href=\"https:\/\/www.facebook.com\/pryamiy\/\" target=\"_blank\" rel=\"nofollow noopener\">Facebook<\/a> , <a href=\"https:\/\/twitter.com\/prm_ua\" target=\"_blank\" rel=\"nofollow noopener\">Twitter<\/a> , <a href=\"https:\/\/t.me\/+rtV4dxYu2_cyNjVi\" target=\"_blank\" rel=\"noopener nofollow\">Telegram<\/a> , and <a href=\"https:\/\/www.instagram.com\/pryamiy\/\" target=\"_blank\" rel=\"nofollow noopener\">Instagram<\/a> .<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On Tuesday, December 23, gold prices set a historic high, surpassing $4,500 per ounce. At the same time, silver also hit a new high. Reuters reports this. Spot gold rose 0.9% to $4,486.55 an ounce, after hitting an intraday high of $4,497.55. U.S. gold futures for February delivery rose 1.1% to $4,519.20 an ounce. Silver [&hellip;]<\/p>\n","protected":false},"author":59,"featured_media":1307733,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ep_exclude_from_search":false,"footnotes":""},"categories":[76870,76871,76872,76892],"class_list":["post-1336137","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world","category-news-2","category-news-feed","category-economy"],"_links":{"self":[{"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/posts\/1336137","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/users\/59"}],"replies":[{"embeddable":true,"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/comments?post=1336137"}],"version-history":[{"count":0,"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/posts\/1336137\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/media\/1307733"}],"wp:attachment":[{"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/media?parent=1336137"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/categories?post=1336137"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}