• Gold Ask $3,970.01 +$12.69 (+0.32%)
  • Silver Ask $50.06 −$0.19 (−0.38%)
  • Platinum Ask $1,430.02 −$2.18 (−0.15%)
  • Palladium Ask $948.49 +$3.35 (+0.35%)
Delayed · Ask prices as of
Type at least two characters for suggestions. Use the down arrow to browse suggestions, or press Enter to see all results.
(646) 362-3536
Account
Sell to Us
Cart 0 items

Daily brief · Thursday, December 18, 2025

Gold eases after CPI-driven spike; silver holds record territory above $66

Gold finished slightly lower on the day after earlier strength tied to cooler U.S. inflation prints and weaker manufacturing data. Silver stayed in focus after breaking above $66 in recent trading, with several reports pointing to a mix of macro and market-structure drivers behind the move.

AI summaryWritten automatically with AI from 19 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 18, 2025

Gold $4,333.35 −0.20% 30d +6.7% Silver $66.30 +0.53% 30d +31.8% Platinum $1,924.00 +0.94% 30d +25.4% Palladium $1,711.00 +4.14% 30d +21.3%

Tone of the reports: Mixed

What happened

  1. Reuters reported silver pushed above $66 for the first time, helped by softer U.S. labor data that also lifted gold in the prior session.

    SourcesReuters: Silver tops $66 for first time; gold up 1% on soft US labor market

  2. Reuters said a “perfect storm” of factors has propelled silver to a record high, keeping attention on the metal’s momentum even as day-to-day volatility picks up.

    SourcesReuters: Perfect storm of factors propels silver price to record high

  3. Kitco News reported gold spiked above $4,332/oz after November headline and core CPI cooled more than expected, reinforcing rate-cut expectations as a key driver.

    SourcesKitco News: Gold spikes above $4,332/oz as November headline and core CPI cool more than expected

  4. Kitco News also said gold was holding support above $4,300 as weekly jobless claims fell, highlighting that not all U.S. data is pointing to rapid cooling.

    SourcesKitco News: Gold prices holding support above $4,300 as weekly jobless claims drop

  5. Reuters reported finalists for the top Fed job want to cut rates, but differ on the path ahead, keeping the rates outlook supportive but uncertain for bullion.

    SourcesReuters: Finalists for top Fed job want to cut rates, but diverge from there

  6. Reports on physical buying were softer: an import report said India’s gold discounts widened and China’s buying fell to a five-year low as higher prices hurt demand.

    SourcesEarlier news service: ASIA : Gold rally hits demand as India's discounts widen, China's reach five-yea..

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 $4,333.35 −0.20%

Kitco News tied gold’s jump to cooler-than-expected November CPI (headline and core) and later support above $4,300 despite firmer jobless-claims data. Reuters also highlighted rate-cut leanings among top-Fed-job finalists as a key backdrop, while an import report noted higher prices are weighing on physical demand in India and China.

Gold headlines

Silver $66.30 +0.53%

Reuters described silver’s move to record highs as driven by a “perfect storm” of factors, and another Reuters report flagged the break above $66 as a milestone alongside softer U.S. labor data. MarketWatch added that the surge past key thresholds could be a warning sign of overheating.

Silver headlines

Platinum $1,924.00 +0.94%

Bloomberg noted platinum has more than doubled this year, alongside broad strength across precious metals; otherwise, today’s reports had limited platinum-specific detail.

Platinum headlines

Palladium $1,711.00 +4.14%

No report focused on palladium.

Palladium headlines

The day’s reports

35 reports, most important first, New York time.

  1. 7:00 PM Earlier news service · 7:00 PM▲ Reports a rise SCOTIABANK plans to revive metals desk as prices soar Scotiabank plans to revive its metals desk as precious-metal prices surge.
  2. 7:00 PM Earlier news service · 7:00 PM ITALY Declares Gold Reserves 'People's Treasure' Italy declared its gold reserves a national people's treasure.
  3. 7:00 PM Earlier news service · 7:00 PM▲ Reports a rise ASIA : Gold rally hits demand as India's discounts widen, China's reach five-yea.. India's gold discounts widen and Chinese buying reaches a five-year low as the rally hurts demand.
  4. 4:50 PM Reuters · 4:50 PM Finalists for top Fed job want to cut rates, but diverge from there Reuters reports that finalists for the top Fed job favor rate cuts but differ on the path ahead.
  5. 2:57 PM Reuters · 2:57 PM▲ Reports a rise Goldman sees gold at $4,900 by December 2026, projects oil price decline; copper remains favored industrial metal Goldman Sachs sees gold reaching $4,900 by December 2026 while oil falls and copper stays favored.
  6. 2:37 PM Reuters · 2:37 PM▲ Reports a rise Perfect storm of factors propels silver price to record high Reuters says a perfect storm of factors has driven silver to a record high.
  7. 2:31 PM Reuters · 2:31 PM▲ Reports a rise Gold price to glitter again next year despite biggest gain since 1979 Gold is expected to shine again next year despite posting its biggest gain since 1979.
  8. 8:30 AM Kitco News · 8:30 AM▲ Reports a rise Gold spikes above $4,332/oz as November headline and core CPI cool more than expected Gold jumps above $4,332 an ounce as November CPI cools more than expected.
  9. 7:00 PM Bloomberg · 7:00 PM▲ Reports a rise Small Businesses and Trump Tariffs - Bloomberg Bloomberg notes platinum has more than doubled this year and says silver and gold have also rallied.
  10. 7:00 PM Earlier news service · 7:00 PM▼ Reports a fall GOLD prices slip on lower US inflation print, firmer dollar Gold prices ease after a softer U.S. inflation reading as a firmer dollar weighs on the metal.
  11. 7:00 PM Earlier news service · 7:00 PM WORLD GOLD COUNCIL : Gold's Breakout Year & Outlook for 2026 The World Gold Council looks back at gold's breakout year and discusses its outlook for 2026.
  12. 7:00 PM Earlier news service · 7:00 PM▼ Reports a fall PERTH MINT : Australian Bullion Sales Ease in November Perth Mint said Australian bullion sales eased in November.
  13. 7:00 PM Earlier news service · 7:00 PM US MINT : Senate Confirms Paul Hollis as 41st U.S. Mint Director The U.S. Senate confirmed Paul Hollis as the 41st U.S. Mint director.
  14. 7:00 PM Earlier news service · 7:00 PM VAN ECK : As Gold Soars, Opportunity Lies in ‘Better, Not Bigger’ Mining Acquisi.. VanEck says there may be opportunity in better mining acquisitions as gold soars.
  15. 4:42 PM MarketWatch · 4:42 PM▲ Reports a rise Silver Prices Are Surging Past These Thresholds. It Could Be a ... MarketWatch says silver prices are surging past key thresholds and may be flashing a warning.
  16. 3:43 PM Reuters · 3:43 PM▼ Reports a fall Gold inches down as market digests US CPI data Gold inches lower as traders digest the latest U.S. CPI data.
  17. 3:21 PM Reuters · 3:21 PM▼ Reports a fall Stocks rise, Treasury yields edge down as US inflation softens ... Gold edges down even after softer U.S. inflation raises expectations for Fed rate cuts in 2026.
  18. 2:50 PM FXStreet · 2:50 PM▼ Reports a fall Gold losses shine as Fed-cut bulls weigh dovish implications of soft ... Gold gives back gains after touching record levels following softer U.S. inflation data.
  19. 2:24 PM Reuters · 2:24 PM▼ Reports a fall Swiss gold exports drop in November as shipments to India plunge Swiss gold exports fell in November as shipments to India plunged.
  20. 11:40 AM Kitco News · 11:40 AM Gold rallies following tame U.S. CPI print; silver down on profit taking Gold rallies after a tame U.S. CPI reading, while silver slips on profit-taking.
  21. 10:13 AM Reuters · 10:13 AM Gold steadies as inflation data fuels rate cut bets Gold steadies as inflation data increases expectations for a Federal Reserve rate cut.
  22. 8:40 AM Kitco News · 8:40 AM Gold prices holding support above $4,300 as weekly jobless claims drop Gold holds support above $4,300 as weekly jobless claims decline.
  23. 8:30 AM Kitco News · 8:30 AM▲ Reports a rise Spot gold shoots to session high after Philly Fed survey falls to -10.2 in December Gold hits a session high after the Philly Fed survey falls to -10.2 in December.
  24. 8:19 AM Kitco News · 8:19 AM Gold prices holding its ground as ECB leaves interest rates unchanged Gold holds its ground after the ECB leaves interest rates unchanged.
  25. 7:41 AM Kitco News · 7:41 AM▼ Reports a fall Profit-taking price pressure on gold, silver ahead of U.S. CPI Gold and silver are under profit-taking pressure ahead of the U.S. CPI report.
  26. 7:01 AM Kitco News · 7:01 AM Gold prices see little reaction as BoE cuts rates as inflation risks fall Gold prices barely moved after the Bank of England cut rates and said inflation risks had eased.
  27. 7:00 PM Investing.com · 7:00 PM Gold's Long-Term Repricing Faces a Near-Term Volatility Test ... Investing.com says gold's long-term repricing is facing a near-term volatility test.
  28. 7:00 PM Earlier news service · 7:00 PM WORLD GOLD COUNCIL : You asked, we answered: Is gold’s appeal fading on rising v.. The World Gold Council answers questions about whether gold's appeal is fading as yields rise.
  29. 7:00 PM Earlier news service · 7:00 PM▼ Reports a fall ASIAN gold buying slows into year-end holiday Asian gold buying is slowing as the year-end holiday period approaches.
  30. 7:00 PM Earlier news service · 7:00 PM RONALD STOEFERLE : Gold Is Changing, and Silver Is Tight: 2026 Could Be the Turn.. Ronald Stoferle argues gold is changing and silver is tight, setting up a possible 2026 turn.
  31. 7:00 PM Earlier news service · 7:00 PM GOLD and SILVER: Fundamentally Strong but Technically Stretched Gold and silver are described as fundamentally strong but technically stretched.
  32. 2:25 PM Kitco News · 2:25 PM Larry McDonald Says Credit Stress and Liquidity Signals Are Setting Up a Major Shift in 2026 Larry McDonald says credit stress and liquidity signals may be setting up a major shift in 2026.
  33. 10:15 AM Reuters · 10:15 AM▲ Reports a rise Gold bonanza as Australia revises resource export earnings up 4% Australia raises its resource export earnings forecast by 4%, highlighting stronger gold export income.
  34. 8:04 AM Kitco News · 8:04 AM Gold market analysis for December 18 - key intra-day price entry levels for active traders A Kitco analysis outlines key intraday price entry levels for active gold traders.
  35. 12:08 AM FXStreet · 12:08 AM Gold Forecast: XAU/USD looks to US CPI from fresh directional ... Gold is waiting for the U.S. CPI release, with traders looking for a breakout from the current range.

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.

Live precious metals pricesGold price chartPrice timelineMarket moodNews archivePremiums over spotWhat we pay todayThe Journal