Daily brief · Monday, December 29, 2025

Gold slips to $4,337; silver holds $74.64 after margin hikes and heavy profit-taking

Precious metals were volatile Monday as traders locked in gains after new all-time highs, with several outlets pointing to profit-taking and thin holiday liquidity. Reports also highlighted CME margin hikes as a key driver behind sharp, fast moves in gold and silver futures.

AI summaryWritten automatically with AI from 32 linked reports and our own price data, Oct 21, 2:27 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 closed at $4,337.05/oz (-2.53%) after multiple outlets described broad profit-taking following record highs.

    SourcesKitco News: Gold, silver see heavy profit taking after both hit new highs2: Silver retreats from $80 peak while gold softens on profit-taking ...FXStreet: Gold retreats from record highs on profit-taking in thin holiday tradeReuters: Precious metals drop amid profit taking; silver, platinum retreat from record highs

  2. Silver closed at $74.64/oz (+3.40%) after pulling back from a record run that briefly pushed prices above $80, according to Kitco; Bloomberg also noted gold and silver slipping from fresh all-time highs.

    SourcesKitco News: Silver retreats from $80 peak while gold softens on profit-taking ...Bloomberg: Asian Stocks Poised for Weak Start After US Losses: Markets Wrap

  3. CME raised margins on surging gold and silver contracts, and one report tied margin hikes to a silver “flash crash” risk dynamic as volatility spiked.

    SourcesEarlier news service: CME Leashes Surging Gold and Silver With Margin Hike2: CME Margin Hikes Trigger Flash Crash to $73.72 Amid 'Silver Thursday' Fears

  4. Reuters reported China’s November net gold imports via Hong Kong more than doubled from October, a data point often watched for signs of physical demand.

    SourcesReuters: China’s November net gold imports via Hong Kong more than doubled from October

  5. U.S. data was cited as adding pressure at the margin: Kitco said spot gold hit session lows after U.S. pending home sales surprised with a 3.3% rise in November.

    SourcesKitco News: Spot gold at session lows after U.S. pending home sales surprise with 3.3% rise in November

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 $4,337.05 −2.53%

Several reports described gold easing from near/at record highs on profit-taking and a pullback after an extended rally. Reuters highlighted stronger Chinese import data via Hong Kong, while Bloomberg also linked gold moves to anxiety around U.S. tariff plans.

Gold headlines

Silver $74.64 +3.40%

Coverage centered on extreme volatility after silver’s surge: Kitco said it retreated from a record peak above $80 on profit-taking, and CME margin hikes were highlighted as a catalyst that can amplify sharp swings.

Silver headlines

Platinum $2,180.00 −1.27%

Reuters said platinum retreated from record highs as profit-taking hit the complex; otherwise, commentary in today’s set was limited.

Platinum headlines

Palladium $1,648.00 −10.29%

No report focused on palladium.

Palladium headlines

The day’s reports

40 reports, most important first, New York time.

  1. 7:00 PM Yahoo Finance · 7:00 PM▼ Reports a fall Gold, silver plunge after historic rally: 'When it gets this stretched, be ... Gold and silver plunged after a historic rally cooled.
  2. 7:00 PM Kitco News · 7:00 PM▼ Reports a fall Silver retreats from $80 peak while gold softens on profit-taking ... Silver retreated from a record peak above $80 while gold eased from near historic highs on profit-taking.
  3. 7:00 PM Bloomberg · 7:00 PM▼ Reports a fall Asian Stocks Poised for Weak Start After US Losses: Markets Wrap Bloomberg says precious metals were in focus after silver and gold slumped from fresh all-time highs.
  4. 7:00 PM Bloomberg · 7:00 PM Zelenskiy Asks Trump for Up to 50-Year Security Guarantee ... Bloomberg reports gold advanced on rising anxiety over U.S. tariff plans as silver also fell.
  5. 7:00 PM Earlier news service · 7:00 PM▲ Reports a rise UBS : Banking giant sets date when gold will hit $5,000 UBS says gold could reach $5,000 and gives a date for that target.
  6. 7:00 PM Earlier news service · 7:00 PM▲ Reports a rise CME Leashes Surging Gold and Silver With Margin Hike CME raised margins on surging gold and silver contracts.
  7. 2:21 PM Reuters · 2:21 PM▲ Reports a rise China’s November net gold imports via Hong Kong more than doubled from October China's November net gold imports through Hong Kong more than doubled from October.
  8. 12:52 PM Kitco News · 12:52 PM▲ Reports a rise UBS sees $5,000 gold by Q3 2026, with potential for $5,400 if U.S. political and economic risks rise UBS sees gold at $5,000 by Q3 2026, with upside to $5,400 if U.S. risks rise.
  9. 10:32 AM Reuters · 10:32 AM▼ Reports a fall Precious metals drop amid profit taking; silver, platinum retreat from record highs Precious metals fall on profit taking, with silver and platinum retreating from record highs.
  10. 7:00 PM Investing.com · 7:00 PM▼ Reports a fall Gold: Bulls Face Height Fear as Prices Struggle at Elevated Levels ... Gold prices are under bearish pressure as bulls struggle at elevated levels.
  11. 7:00 PM Earlier news service · 7:00 PM▲ Reports a rise GOLD bounces back from two-week low, silver recovers Gold bounced back from a two-week low and silver recovered.
  12. 7:00 PM Earlier news service · 7:00 PM MMTC PAMP : The Gold Refining Industry – Performance And Perspectives Of 2025 MMTC PAMP looks at the gold refining industry's performance and outlook for 2025.
  13. 7:00 PM Earlier news service · 7:00 PM LBMA 2025: A Year In Review LBMA reviews the precious-metals market in 2025.
  14. 7:00 PM Earlier news service · 7:00 PM▲ Reports a rise GOLD recovers after sell-off as investors look to further gains in 2026 Gold rebounds after a sell-off as investors look for further gains in 2026.
  15. 7:00 PM Earlier news service · 7:00 PM SOUTH KOREA : Soaring prices boost gold as investment, while traditional gift ro.. South Korea's soaring prices are boosting gold investment while traditional gift demand weakens.
  16. 7:00 PM Earlier news service · 7:00 PM VIETNAM : State bank receives nine applications for gold bar production licences Vietnam's state bank has received nine applications for gold bar production licences.
  17. 7:00 PM Earlier news service · 7:00 PM THAILAND : Finance Ministry seeks EC, Council of State approval for online gold .. Thailand's finance ministry is seeking approval for online gold trading.
  18. 6:44 PM Reuters · 6:44 PM▼ Reports a fall TSX dips as fall in metal prices hurt mining shares The TSX falls as lower metal prices weigh on mining shares.
  19. 12:41 PM Action Forex · 12:41 PM▼ Reports a fall Gold (XAU/USD) Price Slides 4.5%: Key Levels to Watch Moving Forward Gold falls 4.5% in a sharp pullback as traders watch key technical levels.
  20. 11:45 AM Kitco News · 11:45 AM▼ Reports a fall Gold, silver see heavy profit taking after both hit new highs Gold and silver see heavy profit taking after both hit new highs.
  21. 10:00 AM Kitco News · 10:00 AM▼ Reports a fall Spot gold at session lows after U.S. pending home sales surprise with 3.3% rise in November Spot gold hits session lows after stronger-than-expected U.S. pending home sales.
  22. 9:56 AM Yahoo Finance · 9:56 AM Coeur Mining (CDE) to Acquire New Gold, Roth MKM Lifts Price Target Coeur Mining is set to acquire New Gold, and Roth MKM raised its price target on Coeur while keeping a Buy rating.
  23. 8:28 AM Kitco News · 8:28 AM▼ Reports a fall Profit-taking price pressure on gold, silver Kitco says profit-taking is pressuring gold and silver prices.
  24. 8:04 AM Yahoo Finance · 8:04 AM Gold price today, Monday, December 29: Gold price softens below $4,500 after record open Gold futures opened at a record level Monday before softening below $4,500.
  25. 8:04 AM Yahoo Finance · 8:04 AM▲ Reports a rise Gold price today, Tuesday, December 30, 2025: Gold opens below $4,400 Gold futures opened below $4,400 on Tuesday after trading much higher the day before.
  26. 5:56 AM MarketWatch · 5:56 AM▼ Reports a fall Nvidia, Tesla, Newmont, DigitalBridge, Praxis Precision, Ultragenyx ... MarketWatch says precious metals prices fell, and Newmont shares dropped with them.
  27. 7:00 PM Yahoo Finance · 7:00 PM▲ Reports a rise Why Agnico Eagle Mines Stock Dropped Today Yahoo Finance explains why Agnico Eagle Mines stock fell even as gold prices rose.
  28. 7:00 PM Yahoo Finance · 7:00 PM▲ Reports a rise Gold and Silver Are Crushing Bitcoin – Should You Switch? Yahoo Finance compares gold and silver's gains with bitcoin and asks whether investors should switch.
  29. 7:00 PM Investing.com · 7:00 PM The Top 5 Most Read Market Ideas of 2025 | investing.com Investing.com's most-read market ideas include a suggested split between physical bullion and gold mining equities.
  30. 7:00 PM FXEmpire · 7:00 PM▼ Reports a fall Gold (XAUUSD) & Silver Price Forecast: Profit-Taking Caps Rally as ... FXEmpire says gold and silver pulled back as profit-taking hit the rally and traders watched Fed cuts and U.S. data.
  31. 7:00 PM Earlier news service · 7:00 PM IG : Gold Outlook 2026: Can the Rally Continue After a Record 2025? IG asks whether gold's 2026 rally can continue after a record 2025.
  32. 7:00 PM Earlier news service · 7:00 PM▼ Reports a fall CHARTS : $4,550 Pullback Tests Bulls as $4,350 Becomes Line in Sand A chart piece says gold's $4,550 pullback is testing bulls while $4,350 is a key support level.
  33. 7:00 PM Earlier news service · 7:00 PM▲ Reports a rise SOCIETE GENERALE : Silver prices surge sharply at the end of 2025 Societe Generale says silver prices surged sharply at the end of 2025.
  34. 2:07 PM Reuters · 2:07 PM Nornickel believes 2026 will bring dividends, CEO says Nornickel's CEO says 2026 could bring dividends.
  35. 1:08 PM Kitco News · 1:08 PM Gold and silver enter a new era: What investors should expect in 2026 - Robert Gottlieb An analysis looks at what investors should expect from gold and silver in 2026.
  36. 12:02 PM Benzinga · 12:02 PM▲ Reports a rise What the Options Market Tells Us About Kinross Gold - Kinross Gold (NYSE:KGC) Options traders are taking a bullish stance on Kinross Gold.
  37. 9:32 AM Kitco News · 9:32 AM Gold market analysis for December 29 - key intra-day price entry levels for active traders Kitco outlines key intraday gold price levels for active traders in its December 29 market analysis.
  38. 9:00 AM Seeking Alpha · 9:00 AM Americas Gold And Silver: The Market Is Looking At 2026, Not 2025 (NYSE:USAS) Americas Gold and Silver is focusing on asset optimization and scale, but the article says profitability remains elusive.
  39. 6:09 AM Action Forex · 6:09 AM XAU/USD: Markets Unmoved by US GDP Strength Action Forex says gold and the dollar barely reacted to stronger-than-expected U.S. GDP growth.
  40. 1:40 AM Investing.com · 1:40 AM Gold Trading Above Key Support With Upside Bias Into Late December Cycle Window Investing.com says gold is holding above key support with an upside bias into late December.

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.