• 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 · Tuesday, December 23, 2025

Gold, silver and platinum close higher after record-setting session

Gold and silver pushed to fresh records as reports pointed to geopolitical tension and expectations for more U.S. rate cuts. Platinum outperformed on the day, with multiple outlets describing a broad precious-metals frenzy despite occasional dollar-driven pullbacks for gold after U.S. data.

AI summaryWritten automatically with AI from 26 linked reports and our own price data, Oct 21, 2:26 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 23, 2025

Gold $4,449.40 +0.63% 30d +9.2% Silver $69.74 +0.75% 30d +42.6% Platinum $2,208.00 +6.00% 30d +45.1% Palladium $1,837.00 +3.61% 30d +32.3%

Tone of the reports: Leaning higher

What happened

  1. Gold closed at $4,449.40 an ounce (+0.63%) after a day when multiple outlets reported fresh all-time highs, tied to safe-haven demand and rate-cut expectations.

    SourcesBloomberg: Watch Gold, Silver, and Copper Hit New Highs - Bloomberg2: Gold, Silver Hit Records as Geopolitical Tensions Increase ...Reuters: Gold, silver and platinum sparkle at all-time peaks2: Spot gold hits record highKitco News: Gold firmer, silver sharply up; both hit new record highsInvesting.com: Gold prices hit record high in thin trade; US-Venezuela tensions in ...

  2. Silver closed at $69.74 an ounce (+0.75%) after Reuters and others reported it traded at/above $70 and set new records during the session as the rally extended.

    SourcesReuters: Silver hits record above $70, gold eases after US data lifts dollar2: Spot silver extends rally to hit $70 per ounce for first timeKitco News: Gold firmer, silver sharply up; both hit new record highsYahoo Finance: Gold, Silver, and Copper Hit New Highs

  3. Platinum closed at $2,208.00 an ounce (+6.00%) as Reuters reported platinum reached an all-time peak and another report described platinum soaring to a record amid a broader precious-metals frenzy.

    SourcesReuters: Gold, silver and platinum sparkle at all-time peaksEarlier news service: PLATINUM soars to record high amid frenzy in precious metals, gains twice as muc..

  4. Reuters highlighted a countercurrent: gold eased at one point after U.S. data lifted the dollar, even as silver held strong at record levels.

    SourcesReuters: Silver hits record above $70, gold eases after US data lifts dollar

  5. Kitco linked early price action to U.S. macro releases, noting gold near session highs after durable goods orders fell 2.2% in October and referencing Q3 GDP growth of 4.3% alongside spot gold near $4,490/oz.

    SourcesKitco News: Gold near session highs after U.S. durable goods posts -2.2% loss in October2: Spot gold near $4,490/oz after U.S. GDP growth rises 4.3% in Q3

  6. Several outlets framed the move as driven by geopolitics, including reports citing rising geopolitical tensions and specific U.S.-Venezuela tensions supporting haven demand for gold and silver.

    SourcesBloomberg: Watch Gold, Silver, and Copper Hit New Highs - Bloomberg2: Gold, Silver Hit Records as Geopolitical Tensions Increase ...Investing.com: Gold prices hit record high in thin trade; US-Venezuela tensions in ...Yahoo Finance: Year of the metals: Venezuela tensions send gold and silver soaring

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 $4,449.40 +0.63%

Bloomberg and Reuters reported gold hit fresh all-time highs, with geopolitics and expectations for more U.S. rate cuts cited as key drivers. Reuters also noted gold eased at one point after U.S. data lifted the dollar.

Gold headlines

Silver $69.74 +0.75%

Reuters and Kitco reported silver extended its rally into new record territory, with prints at/above $70 highlighted as the move broadened beyond gold. Some coverage tied silver’s strength to steady expectations for easier Fed policy.

Silver headlines

Platinum $2,208.00 +6.00%

Reuters reported platinum reached an all-time peak, and another report described platinum jumping to a record amid a broader surge across precious metals. Day-to-day coverage was otherwise lighter than for gold and silver.

Platinum headlines

Palladium $1,837.00 +3.61%

No report focused on palladium.

Palladium headlines

The day’s reports

39 reports, most important first, New York time.

  1. 7:00 PM Investing.com · 7:00 PM▲ Reports a rise Gold tops $4,500, Japan stabilizes, U.S. data in focus— what's ... Gold tops $4,500 as futures and spot prices hit fresh all-time highs.
  2. 1:28 PM Reuters · 1:28 PM▲ Reports a rise Gold, silver and platinum sparkle at all-time peaks Reuters says gold, silver and platinum have all reached all-time peaks.
  3. 1:00 PM Bloomberg · 1:00 PM▲ Reports a rise Watch Gold, Silver, and Copper Hit New Highs - Bloomberg Bloomberg says gold and silver hit fresh all-time highs amid geopolitical tensions and expectations for more U.S. rate cuts.
  4. 11:35 AM Kitco News · 11:35 AM▲ Reports a rise Gold firmer, silver sharply up; both hit new record highs Kitco says gold is firmer and silver is sharply higher, with both hitting new record highs.
  5. 10:49 AM Reuters · 10:49 AM Silver hits record above $70, gold eases after US data lifts dollar Silver hit a record above $70 while gold eased after U.S. data lifted the dollar.
  6. 9:16 AM Reuters · 9:16 AM▲ Reports a rise Spot silver extends rally to hit $70 per ounce for first time Spot silver extended its rally to a record $70 an ounce for the first time.
  7. 7:00 PM Investing.com · 7:00 PM▲ Reports a rise Gold prices hit record high in thin trade; US-Venezuela tensions in ... Gold prices hit a record high in thin trade as U.S.-Venezuela tensions lifted haven demand.
  8. 7:00 PM Bloomberg · 7:00 PM▲ Reports a rise Gold, Silver Hit Records as Geopolitical Tensions Increase ... Gold and silver hit records as geopolitical tensions increased.
  9. 7:00 PM Yahoo Finance · 7:00 PM▲ Reports a rise Gold, Silver, and Copper Hit New Highs Gold and silver rallied to fresh all-time highs, with silver trading above $70 an ounce.
  10. 7:00 PM Earlier news service · 7:00 PM▲ Reports a rise PLATINUM soars to record high amid frenzy in precious metals, gains twice as muc.. Platinum jumped to a record high amid a broad frenzy in precious metals.
  11. 7:00 PM Earlier news service · 7:00 PM▲ Reports a rise SILVER extends bull run to near $72.70 as Fed dovish bets remain steady Silver extended its bull run to near $72.70 as dovish Fed bets held steady.
  12. 11:08 AM Reuters · 11:08 AM Yields rise, stocks up slightly after US GDP data; yen firms on ... Reuters says yields rose and silver hit a record above $70 an ounce after U.S. GDP data, while gold also moved higher.
  13. 8:30 AM Kitco News · 8:30 AM▲ Reports a rise Gold near session highs after U.S. durable goods posts -2.2% loss in October Gold edges near session highs after U.S. durable goods orders fall 2.2% in October.
  14. 8:29 AM Kitco News · 8:29 AM▲ Reports a rise Spot gold near $4,490/oz after U.S. GDP growth rises 4.3% in Q3 Spot gold trades near $4,490 an ounce after U.S. GDP growth rises 4.3% in the third quarter.
  15. 7:58 AM Kitco News · 7:58 AM▲ Reports a rise More solid price gains, record highs in gold, silver Gold and silver post more solid price gains and reach record highs.
  16. 7:00 PM Kitco News · 7:00 PM▼ Reports a fall Spot gold slides to session low after U.S. Consumer Confidence falls ... Kitco says spot gold slipped after U.S. consumer confidence data.
  17. 7:00 PM Yahoo Finance · 7:00 PM▲ Reports a rise Year of the metals: Venezuela tensions send gold and silver soaring Yahoo Finance says Venezuela tensions pushed gold and silver higher.
  18. 7:00 PM MarketWatch · 7:00 PM▲ Reports a rise This strategist said gold would top $4,000 by year-end. He was right ... MarketWatch says gold's surge has put it near the S&P 500 level and may be signaling broader market concerns.
  19. 10:14 AM Reuters · 10:14 AM How investors buy gold and what fuels the market Reuters explains how investors buy gold and what drives demand in the market.
  20. 3:36 AM retailnews.asia · 3:36 AM China Strikes Gold: Largest Undersea Gold Deposit in Asia Discovered China says it has discovered what it calls the largest undersea gold deposit in Asia.
  21. 7:00 PM FXEmpire · 7:00 PM Latest Gold Rally Updates, Analysis & Insights | FXEmpire FXEmpire posts updated gold rally analysis and outlook.
  22. 7:00 PM Investing.com · 7:00 PM 11 High-Potential Miners Poised to Ride the Next Leg of the Gold ... Investing.com profiles miners positioned to benefit from the next leg of the gold rally.
  23. 7:00 PM Investing.com · 7:00 PM▲ Reports a rise Gold: Momentum-Driven Rally Raises Risk of Near Term Reversal ... Investing.com warns that momentum-driven gold gains raise the risk of a near-term reversal.
  24. 7:00 PM Investing.com · 7:00 PM U.S. Gold Corp. raises $31.2 million in private placement By ... U.S. Gold Corp. closed a private placement that raised about $31.2 million in gross proceeds.
  25. 7:00 PM Yahoo Finance · 7:00 PM Kalo Gold Announces Closing Of $10.843 Million First Tranche Of ... Kalo Gold says it has closed the first tranche of a $10.843 million financing.
  26. 7:00 PM Kitco News · 7:00 PM Where are the stops? Tuesday, December 23, gold and silver | Kitco ... Kitco lists likely buy and sell stop levels for active Comex gold and silver futures.
  27. 7:00 PM Earlier news service · 7:00 PM SCHRODERS Favours US Over European Equities, Gold Schroders says it prefers U.S. equities over European equities and also favors gold.
  28. 7:00 PM Earlier news service · 7:00 PM SAXO BANK : GOLD in review: from pure macro trade to cornerstone asset Saxo Bank says gold has shifted from a pure macro trade to a cornerstone asset.
  29. 7:00 PM Earlier news service · 7:00 PM FORBES : It’s Never Different, But With Gold It Could Be For A Year Or Two Forbes says gold could be different for a year or two.
  30. 7:00 PM Earlier news service · 7:00 PM WORLD GOLD COUNCIL : Weekly Markets Monitor: A season for Kevin? The World Gold Council published its weekly markets monitor.
  31. 7:00 PM Earlier news service · 7:00 PM STONEX BULLION : Looking forward into 2026 StoneX Bullion looks ahead to 2026.
  32. 8:21 AM Kitco News · 8:21 AM Gold market analysis for December 23 - key intra-day price entry levels for active traders Kitco publishes key intraday gold price entry levels for active traders.
  33. 7:00 PM Investing.com · 7:00 PM USD/JPY: Intervention Talk Halts Yen Slide | Investing.com Investing.com says intervention talk halts the yen's slide.
  34. 5:31 PM Reuters · 5:31 PM Equities rise after strong US data, yen firms on currency warnings
  35. 4:02 PM Reuters · 4:02 PM S&P registers record close as growth stocks advance
  36. 3:07 PM Reuters · 3:07 PM Canadian dollar hits near five-month high despite GDP miss
  37. 3:01 PM Kitco News · 3:01 PM Gold’s bull run is set to continue in 2026, and crypto’s weakness could boost silver higher – ByteTree’s Charlie Morris
  38. 1:49 PM Reuters · 1:49 PM London’s FTSE 100 edges higher as miners rally on record copper prices
  39. 1:48 PM Reuters · 1:48 PM Bank of Canada can't tell if next rate move will be a hike or a cut, say minutes

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