Daily brief · Monday, December 15, 2025
Gold and silver eased at the close as focus stayed on U.S. jobs data and Fed expectations
Gold closed at $4,315.85 an ounce (-0.72%) and silver at $63.87 (-0.99%) after a news flow that leaned supportive earlier in the day on a softer dollar and safe-haven demand. Several reports said traders are now waiting on U.S. jobs data for clues on the Federal Reserve’s next move, while some noted that easing geopolitical risk can take pressure off gold.
AI summaryWritten automatically with AI from 26 linked reports and our own price data, Oct 21, 2:25 AM ET. Each point links to its sources. Published without an editor’s review; not investment advice. How this page is made
Closing prices for December 15, 2025
Tone of the reports: Mixed
What happened
Reuters reported gold was supported earlier by safe-haven demand and a softer U.S. dollar as markets looked ahead to U.S. jobs data.
SourcesReuters: Gold gains 1% on safe-haven demand, softer dollar ahead of US jobs data
Reuters also reported gold later pared gains as Ukraine peace talks progressed, which reduced some safe-haven demand, with traders still focused on upcoming U.S. jobs data.
SourcesReuters: Gold pares gains as Ukraine peace talks progress, eyes on US jobs data
Reuters tied gold strength to a weaker dollar and rate-cut expectations heading into the U.S. jobs data.
SourcesReuters: Gold rises on weaker dollar, rate cut expectations ahead of US jobs data
Bloomberg reported gold held after a five-day rally as investors waited for U.S. data for clues on the Fed.
SourcesBloomberg: Gold Holds After Five-Day Rally as Investors Look to Jobs Data ...
Kitco said gold moved above $4,300 after the Empire State manufacturing survey showed contraction, and also described profit-taking that tempered early gold gains.
SourcesKitco News: Gold prices drive higher above $4,300 as Empire State Survey showed contraction in manufacturing sector2: Profit taking tempers early gold gains; silver solidly up
Kitco reported the Silver Institute sees strong industrial demand as a key support for silver over the long term.
SourcesKitco News: Silver Institute sees strong industrial demand supporting long-term bull market
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
Reuters said a softer dollar and rising rate-cut expectations have supported gold ahead of U.S. jobs data.
SourcesReuters: Gold rises on weaker dollar, rate cut expectations ahead of US jobs data2: Gold gains 1% on safe-haven demand, softer dollar ahead of US jobs data
Kitco said weaker U.S. manufacturing survey results (Empire State contraction) coincided with gold pushing higher above $4,300, reinforcing the “weaker growth” support argument for gold.
Kitco reported the Silver Institute sees strong industrial demand as a foundation for silver’s longer-term strength.
SourcesKitco News: Silver Institute sees strong industrial demand supporting long-term bull market
FXEmpire argued platinum is benefiting from a rotation-driven breakout that could extend a revaluation cycle.
SourcesFXEmpire: Platinum Price Forecast – Gold Rotation Fuels Platinum Breakout ...
The case for lower prices
Reuters reported gold gave back gains as Ukraine peace talks progressed, reducing safe-haven demand.
SourcesReuters: Gold pares gains as Ukraine peace talks progress, eyes on US jobs data
Kitco said profit-taking tempered early gold gains, a reminder that rallies can draw selling.
SourcesKitco News: Profit taking tempers early gold gains; silver solidly up
FXStreet argued the underlying precious-metals trend remains weak and raised the risk that higher rates could pressure prices next year.
What to watch
- UpcomingU.S. jobs dataReuters and Bloomberg said markets are using the jobs numbers to gauge the Fed outlook, which has been a key driver for gold and the broader precious-metals complex.
- This weekHeavy U.S. data slateFXStreet said gold is near record territory as the week brings a heavy run of U.S. economic releases and other central bank events that can shift rate expectations.
Metal by metal
The day’s reports
33 reports, most important first, New York time.
- 1:24 PM The Economic Times · 1:24 PM▲ Reports a rise Gold surges ₹4,000 to record ₹137,600 Gold surges to a record ₹137,600 per 10 grams in New Delhi, while silver stays steady.
- 7:00 PM Bloomberg · 7:00 PM Gold Holds After Five-Day Rally as Investors Look to Jobs Data ... Gold held steady after five straight gains as investors awaited US data for clues on the Federal Reserve.
- 7:00 PM Yahoo Finance · 7:00 PM Euro Sun Enters Into Multi-Facility Agreement With Trafigura to ... Euro Sun Mining agreed to a Trafigura financing package of up to US$200 million for its Rovina Valley copper-gold project.
- 7:00 PM Yahoo Finance · 7:00 PM Equinox Gold agrees to sell Brazil portfolio to CMOC for $1.01bn Equinox Gold agreed to sell its Brazil portfolio to CMOC for $1.01 billion.
- 7:00 PM Earlier news service · 7:00 PM▲ Reports a rise INDIA to allow Gold and Silver investment in pension funds India plans to allow gold and silver investments in pension funds.
- 7:00 PM Earlier news service · 7:00 PM▲ Reports a rise BLOOMBERG : What’s Driven Gold Prices Up in 2025? Bloomberg explains what drove gold prices higher in 2025.
- 7:00 PM Earlier news service · 7:00 PM GOLD : Holds $4,285 as 51K NFP Risk Tests the Rally’s Next Leg Gold held at $4,285 as nonfarm payrolls risk tests the rally's next move.
- 5:43 PM Reuters · 5:43 PM▼ Reports a fall Gold pares gains as Ukraine peace talks progress, eyes on US jobs data Gold fell as Ukraine peace talks progressed and traders looked ahead to US jobs data.
- 9:17 AM The Economic Times · 9:17 AM▲ Reports a rise Gold jumps to $4,350, a seven-week high — will gold touch its all-time high again? Gold jumped to $4,350, a seven-week high, and stayed just below its record as traders watched U.S. data.
- 9:15 AM Reuters · 9:15 AM▲ Reports a rise Gold gains 1% on safe-haven demand, softer dollar ahead of US jobs data Gold rose 1% on safe-haven demand and a softer dollar ahead of U.S. jobs data.
- 7:00 PM Investing.com · 7:00 PM▲ Reports a rise Gold Reclaims the Long Bias While Silver Accelerates Higher ... An Investing.com piece says gold reclaimed a long bias while silver accelerated higher.
- 7:00 PM Investing.com · 7:00 PM▲ Reports a rise Silver Surge Exposes the Limits of Futures Pricing | investing.com An Investing.com article says silver’s surge shows the limits of futures pricing.
- 7:00 PM Earlier news service · 7:00 PM ITALY : A reformulation of the Bank of Italy's gold amendment has been presented.. Italy's Bank of Italy gold amendment has been reformulated and presented.
- 7:00 PM Earlier news service · 7:00 PM▼ Reports a fall GOLD backs off two-month high before US jobs data Gold eased from a two-month high before the US jobs report.
- 7:00 PM Earlier news service · 7:00 PM▼ Reports a fall GOLD retreats from seven week highs on profit-taking, all eyes on US NFP release Gold slipped from seven-week highs on profit-taking ahead of the US nonfarm payrolls release.
- 2:56 PM Kitco News · 2:56 PM Silver Institute sees strong industrial demand supporting long-term bull market The Silver Institute says strong industrial demand could support silver’s long-term bull market.
- 12:28 PM insidermonkey.com · 12:28 PM▲ Reports a rise 12 Cheap Gold Stocks to Buy Now Gold prices surged to their highest in over a month after the dollar weakened following a Fed rate cut.
- 12:17 PM Kitco News · 12:17 PM Profit taking tempers early gold gains; silver solidly up Early gold gains are tempered by profit-taking, while silver moves solidly higher.
- 11:23 AM Reuters · 11:23 AM▲ Reports a rise Gold rises on weaker dollar, rate cut expectations ahead of US jobs data Gold rises on a weaker dollar and rate-cut expectations ahead of U.S. jobs data.
- 8:31 AM Kitco News · 8:31 AM▲ Reports a rise Gold prices drive higher above $4,300 as Empire State Survey showed contraction in manufacturing sector Gold moved higher above $4,300 after the Empire State manufacturing survey showed contraction.
- 7:59 AM Kitco News · 7:59 AM▲ Reports a rise Strong price gains for gold, silver amid weak USDX, bullish charts Gold and silver posted strong gains on a weaker dollar and bullish technical signals.
- 7:50 AM Yahoo Finance · 7:50 AM▲ Reports a rise Gold price today, Monday, December 15: Gold opens above $4,300 as rate outlook remains unclear Gold futures opened above $4,300 as the rate outlook stayed unclear.
- 2:53 AM FXStreet · 2:53 AM The week ahead: Gold within touching distance of record high Gold is near a record high as the week brings a heavy slate of U.S. economic data and other central bank events.
- 7:00 PM Kitco News · 7:00 PM Monday's charts for gold, silver, platinum and palladium, December ... Kitco published Monday charts for gold, silver, platinum and palladium.
- 7:00 PM Earlier news service · 7:00 PM▲ Reports a rise Is gold just the 'trailblazer'? Renowned strategist predicts 2026 will be 'the y.. A strategist says gold may be the leading indicator for 2026 market moves.
- 7:00 PM Earlier news service · 7:00 PM▲ Reports a rise WESTPAC : Gold can build on a solid base Westpac says gold can build on a solid base.
- 7:00 PM Earlier news service · 7:00 PM▲ Reports a rise BROOKINGS INSTITUTION : The Crazy Precious Metals Rally Starts Again Brookings says the precious-metals rally is starting again.
- 7:00 PM Earlier news service · 7:00 PM Realistic Scenarios for Investors in 2030: How Much Will Gold Be Worth? An article asks how much gold could be worth in 2030.
- 7:00 PM Earlier news service · 7:00 PM▲ Reports a rise GREECE : Gold Fever Returns as Greek Investors Revisit Sovereigns Greek investors are returning to sovereigns as gold fever comes back.
- 7:00 PM Earlier news service · 7:00 PM GOLD vs. the “It Pays no Interest” Myth An article challenges the idea that gold pays no interest.
- 12:25 PM Kitco News · 12:25 PM▲ Reports a rise Gold’s rally to $5,000 in 2026 will outperform U.S. dollar and bonds - Société Générale Société Générale says gold could rally to $5,000 in 2026 and outperform the U.S. dollar and bonds.
- 8:01 AM FXStreet · 8:01 AM Returning to the underlying weak trend The article argues that the precious-metals trend remains weak and questions whether higher rates could pressure prices next year.
- 7:27 AM Kitco News · 7:27 AM Gold market analysis for December 15 - key intra-day price entry levels for active traders Kitco published a gold market analysis with key intraday price levels for active traders.
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.
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