Gold Poised for Best Annual Performance in Half a Century

Today, gold remained steady but continues to be on track for its strongest annual gains in more than four decades. At the same time, other precious metals have slid sharply as investors cash in on profits after record uplifts.

In spot dealings, gold was stable at $4345.75 per ounce as of 0404 GMT following a record high of $4549.71 achieved on Friday. Meanwhile, U.S. futures for February delivery edged down 0.5% to $4365 per ounce.

The precious metal rose 66% over the course of 2025, marking the largest annual gain since 1979.

Silver dropped 4.5% in spot trading to $73.06 per ounce today, after hitting an all-time high of $83.62 per ounce this past Monday.

Silver has risen by over 150% since the beginning of the year, significantly outperforming gold, and is set to record the best annual performance in history.

Platinum plummeted 12% in spot trade to $1932.55 per ounce, following its peak at an all-time high of $2478.50 per ounce on Monday.

Palladium decreased by 7.1% to $1496.75 per ounce, yet it is poised to conclude the year up 65%, which is its best performance in the past 15 years.