Daily brief · Friday, December 12, 2025

Gold and silver extend post-Fed surge as buyers chase momentum, some profits taken

Gold closed at $4,346.95 an ounce (+2.76%) and silver at $64.51 (+3.86%) as markets digested the Fed’s rate cut and a more dovish tone. Reports also flagged profit-taking in silver after its record run, even as broader sentiment stayed supportive.

AI summaryWritten automatically with AI from 20 linked reports and our own price data, Oct 21, 2:24 AM ET. Each point links to its sources. Published without an editor’s review; not investment advice. How this page is made

Tone of the reports: Mixed

What happened

  1. Gold kept its post-Fed gains as the rate cut and a dovish signal increased demand for precious metals in the reporting narrative.

    SourcesBloomberg: Gold Holds Gains as Fed Delivers Rate Cut and Leans Dovish ...Investing.com: Gold and Silver: Fed Rate Cut Pushes Precious Metals to New ...2: Fed Cuts Rates – Now What's the Trade? | investing.com

  2. Silver’s rally turned choppy: Reuters described a pullback from record levels as investors booked profits, even while other outlets noted the market had recently pushed to new highs.

    SourcesReuters: Silver falls from record peak as investors book profits2: Gold hits seven-week high on safe-haven demand; silver notches peakBloomberg: Gold Holds Gains as Fed Delivers Rate Cut and Leans Dovish ...

  3. Kitco said “gold bears have faded” after the Fed cut rates and T-bill purchases were in focus, with gold holding near the $4,300 area in its framing of market psychology.

    SourcesKitco News: Wall Street bereft of gold bears after Fed cuts and T-bill purchases, Main Street leans more bullish as price holds near $4,300/oz

  4. Reuters attributed gold strength to safe-haven demand in addition to the post-Fed backdrop.

    SourcesReuters: Gold hits seven-week high on safe-haven demand; silver notches peak

  5. India’s gold investment demand rose above $10 billion in Q3, and pension funds can now invest up to 5% in gold and silver ETFs, according to Kitco, pointing to a potential new channel of demand.

    SourcesKitco News: India's gold investment demand surges above $10 billion in Q3, pension funds can now invest up to 5% in gold and silver ETFs

  6. On the supply/operations side, Reuters reported Mali returned possession of seized gold to Barrick, easing one point of uncertainty around that dispute.

    SourcesReuters: Mali returns possession of seized gold to Barrick

Bull vs bear

The arguments the day’s reports made for each direction. We list them side by side; we don’t pick one.

The case for higher prices

The case for lower prices

Metal by metal

Gold $4,346.95 +2.76%

Bloomberg and Reuters tied gold’s strength to the Fed’s rate cut/dovish tone and to safe-haven demand. Kitco also emphasized that bearish positioning has faded and highlighted the Fed’s T-bill purchases as part of the supportive backdrop for sentiment.

Gold headlines

Silver $64.51 +3.86%

Bloomberg noted silver hit a record above $64, while Reuters said silver later fell back from record levels as investors took profits. Kitco also argued the metal may be “overbought” looking into 2026 but still “underowned,” reflecting strong interest alongside caution about stretched conditions.

Silver headlines

Platinum $1,774.00 +6.29%

No report focused on platinum.

Platinum headlines

Palladium $1,536.00 +4.42%

No report focused on palladium.

Palladium headlines

The day’s reports

16 reports, most important first, New York time.

  1. 6:09 PM Kitco News · 6:09 PM Wall Street bereft of gold bears after Fed cuts and T-bill purchases, Main Street leans more bullish as price holds near $4,300/oz Kitco says gold bears have faded after the Fed cut rates and T-bill purchases, while price holds near $4,300 an ounce.
  2. 3:59 PM Reuters · 3:59 PM Mali returns possession of seized gold to Barrick Reuters reports Mali returned possession of seized gold to Barrick.
  3. 12:30 PM Reuters · 12:30 PM▼ Reports a fall Silver falls from record peak as investors book profits Silver fell from a record peak as investors took profits.
  4. 11:51 AM Kitco News · 11:51 AM▲ Reports a rise India's gold investment demand surges above $10 billion in Q3, pension funds can now invest up to 5% in gold and silver ETFs India's gold investment demand surged above $10 billion in the third quarter, and pension funds can now invest up to 5% in gold and silver ETFs.
  5. 8:32 AM Reuters · 8:32 AM▲ Reports a rise Gold hits seven-week high on safe-haven demand; silver notches peak Gold hit a seven-week high on safe-haven demand, while silver reached a peak.
  6. 7:20 PM Kitco News · 7:20 PM Gold and silver may be overbought in 2026, but still underowned Kitco says gold and silver may be overbought in 2026 but still underowned.
  7. 7:00 PM Earlier news service · 7:00 PM▼ Reports a fall FRIDAY selloffs in precious metals have been frequent this year, but the uptrend.. The headline says frequent Friday selloffs in precious metals have not stopped the broader uptrend.
  8. 4:05 PM Kitco News · 4:05 PM Why Silver, Juniors, and Critical Minerals Are Set for a Major Rerating | John Feneck Kitco says silver, junior miners and critical minerals are set for a major rerating.
  9. 3:33 PM Kitco News · 3:33 PM Gold can hit $5,000, but don’t expect to see another 65% gain in 2026 Kitco says gold could reach $5,000, but another 65% gain in 2026 is unlikely.
  10. 7:31 AM Kitco News · 7:31 AM▲ Reports a rise Price gains for gold, silver as bulls keep their foot on the gas Kitco News says gold and silver prices rose as bulls kept pushing higher.
  11. 2:07 AM retailnews.asia · 2:07 AM▲ Reports a rise Vietnam Preps for Gold Trading Revolution: National Assembly Mandates Roadmap for Gold Exchange Amid Surging Prices Vietnam is preparing a roadmap for a national gold exchange amid surging prices.
  12. 6:10 PM Kitco News · 6:10 PM Gold may be volatile next week, but analysts recommend buying the dip Kitco says gold may be volatile next week, but analysts still recommend buying dips.
  13. 10:31 AM Action Forex · 10:31 AM▲ Reports a rise Gold (XAU/USD) Price Outlook: 1% to All-Time Highs, getting Jealous of Silver Action Forex says gold has surged above $4,300 and is racing toward new all-time highs.
  14. 9:31 AM Kitco News · 9:31 AM Some trend-line based price targets for gold in 2026 Kitco News looks at trend-line-based gold price targets for 2026.
  15. 7:39 AM Kitco News · 7:39 AM Gold market analysis for December 12 - key intra-day price entry levels for active traders Kitco News provides gold market analysis and intraday price entry levels for active traders.
  16. 1:27 AM The Economic Times · 1:27 AM Physical gold vs Gold ETF: Which gold investment should you choose in 2026? - Physical gold vs gold ETFs: The big picture The Economic Times compares physical gold and gold ETFs as investment options for 2026.

How this page is made

Collected every hour. Summed up twice a day. Linked to the source.

Where the news comes from

  • Reuters and Dow Jones headlines for gold, silver, platinum and palladium, through TradingView
  • Kitco News and MetalsDaily
  • The World Gold Council
  • Google News, for wider coverage
  • A daily AI web search for anything the feeds missed

How the briefs are written

Every hour we collect new headlines. An AI model from OpenAI tags each one by metal, topic and importance and writes a one-line summary from its headline and teaser. It doesn’t read paywalled articles. On weekdays at about 8 AM and after the 5 PM New York close, it writes a brief from the most important reports and our own spot price feed. Every point cites the reports it came from. On Fridays it writes a recap of the week.

Who publishes it

Bullion Trading LLC is a physical precious metals dealer in New York’s Diamond District, in business since 2008. Prices on this page come from our own live feed and LBMA history. We buy and sell bullion, so read the briefs as market context, not investment advice. Briefs are published automatically, without an editor’s review. If you spot an error, tell us.