Gold, Silver Hit Record Highs on Geopolitical Fears & Weak Dollar
Gold and silver prices surged to fresh record highs on December 26, 2025, driven by escalating geopolitical tensions and a weakening US dollar. Investors flocked to safe-haven assets amidst US actions in Venezuela and Nigeria, alongside expectations of further Federal Reserve interest rate cuts.
- Global gold prices reached a record peak of $4,530.60/oz on December 26, 2025.
- Silver soared to an all-time high of $75.14/oz, reflecting strong safe-haven demand.
- Rising geopolitical tensions, including US-Venezuela and Nigeria conflicts, fueled precious metal gains.
- A weakening US dollar, down nearly 10% in 2025, made dollar-denominated commodities cheaper.
- Expectations of multiple Federal Reserve rate cuts in 2026 further boosted bullion's appeal.
- Indian MCX gold and silver rates also hit new record highs for local investors.
Read the full story on Quick Digest.