Gold Prices Surge Over 1%

Gold saw a rise of over one percent on Monday, alongside other precious metals. As of 0119 GMT, spot gold increased by approximately 1.5 percent to reach $4395.35 per ounce, marking its highest level in over a week. On December 26, 2025, gold had set a record at $4549.71 per ounce.

The U.S. gold futures for February delivery climbed by 1.8 percent to attain $4405.40. Gold witnessed a significant ascent in 2025, ending the year with a 64 percent increase, its largest annual gain since 1979, spurred by rate cuts, safe-haven demand, and inflows into exchange-traded funds.

Currently, investors anticipate that the Federal Reserve (the U.S. central bank) will reduce interest rates at least twice this year. As for other precious metals, silver in spot transactions rose 4.5 percent to hit $75.86 per ounce, after peaking at an all-time high of $83.62 on December 29.

Silver concluded the year with a 147 percent rise, significantly surpassing gold, marking its best year ever. Platinum in spot trading increased by 1.5 percent to $2175.15 per ounce, after previously hitting a record high of $2478.50 the previous Monday. It went up by over five percent earlier in the session to the weekly high.

Palladium inched up by 0.4 percent to $1645.0 per ounce. This increase in precious metals has drawn attention from investors looking for secure positions amidst economic uncertainties. The demand for such materials continues to be influenced by monetary policies, market expectations, and global economic conditions.