University of Kwazulu-Natal

Gold And Silver Prices Surge To Reach New Record Highs Check Latest

Bonisiwe Shabane
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gold and silver prices surge to reach new record highs check latest

Gold and silver prices soared to new highs on Monday. Gold futures or February delivery settled 1.9% higher at $4,469.40 per ounce, after hitting a record of $4,477.7 per ounce. Spot gold was up 1.99% to $4,440.26 per ounce. Prices are up nearly 70% since the start of the year. The metal has soared this year, smashing consecutive price records as risk assets lost ground. Gold is typically viewed as a safe haven asset in times of economic or geopolitical turbulence.

Silver typically tracks gold, and was last seen at a record $68.96 per ounce while spot silver was last trading at $68.98. Prices have gained 128% since the start of the year. Stateside, U.S.-listed shares of gold miners and silver miners ticked up in premarket trading. The iShares MSCI Global Gold Miners ETF was last seen almost 2.7% higher. Updated on: December 23, 2025 / 7:51 AM EST / CBS News Gold prices soared above $4,400 on Monday to reach a new all-time high, as analysts pointed to rising geopolitical tensions and softer monetary policy as key drivers of the surge.

The price of the precious metal traded at $4,475 per ounce at 4 p.m. EDT after hitting a high of $4,477 per ounce earlier in the day. The asset has risen more than 70% since the start of this year. Gold is viewed as a safe-haven investment and typically acts as a hedge against inflation. "The metals trade has been strong all year, and particularly for gold," Bret Kenwell, a U.S. investment and options analyst at eToro, told CBS News.

"As its fundamentals remain intact, gold digested its recent rally to all-time highs quite well." Silver prices were also rallying on Monday, reaching $69 by 4 p.m. EDT. The metal is up 130% since the start of the year. The price of gold has soared nearly 70% this year. The prices of gold and silver hit record highs on Monday, extending a banner year for the precious metals.

Gold has risen 10% over the past month and nearly 70% in 2025. As of midday Monday, the price of gold topped $4,470 per ounce. Silver bested its amber counterpart over that span, jumping almost 40% over the last month and 134% this year. Heightened geopolitical and economic uncertainty have boosted demand for gold and silver, which typically display a degree of independence from movements in stock prices, some analysts told ABC News. Volatility in bond markets and a devaluation of the U.S. dollar, meanwhile, have unsettled alternative assets typically viewed as safe-haven investments.

Investors continue to buy up metals, driving the prices of gold and silver to new highs. Gold hit $4,460 per ounce Monday, an all-time high in a year that's already seen it surpass its 1980 inflation-adjusted peak. Silver has more than doubled in price. Copper, the metal wiring data centers and EVs, is approaching $12,000 per ton in its biggest annual surge since 2009. For investors, the metals rally signals persistent fears over inflation and economic uncertainty, as well as a massive infrastructure buildout that's just getting started. You may already be feeling these price surges, whether through higher jewelry costs, pricier electronics, or rising home renovation bills.

Rate-cut expectations, a weakening dollar, and geopolitical anxiety are fueling these rallies. The dollar is on pace for its steepest annual decline since 2017, making gold cheaper for overseas buyers and spawning enthusiasm for what's known as the "debasement trade," in which investors see metals as... Central banks are also building their gold stockpiles, expanding physical holdings to cut their reliance on the dollar and hedge against economic turbulence.

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Gold And Silver Prices Soared To New Highs On Monday.

Gold and silver prices soared to new highs on Monday. Gold futures or February delivery settled 1.9% higher at $4,469.40 per ounce, after hitting a record of $4,477.7 per ounce. Spot gold was up 1.99% to $4,440.26 per ounce. Prices are up nearly 70% since the start of the year. The metal has soared this year, smashing consecutive price records as risk assets lost ground. Gold is typically viewed a...

Silver Typically Tracks Gold, And Was Last Seen At A

Silver typically tracks gold, and was last seen at a record $68.96 per ounce while spot silver was last trading at $68.98. Prices have gained 128% since the start of the year. Stateside, U.S.-listed shares of gold miners and silver miners ticked up in premarket trading. The iShares MSCI Global Gold Miners ETF was last seen almost 2.7% higher. Updated on: December 23, 2025 / 7:51 AM EST / CBS News ...

The Price Of The Precious Metal Traded At $4,475 Per

The price of the precious metal traded at $4,475 per ounce at 4 p.m. EDT after hitting a high of $4,477 per ounce earlier in the day. The asset has risen more than 70% since the start of this year. Gold is viewed as a safe-haven investment and typically acts as a hedge against inflation. "The metals trade has been strong all year, and particularly for gold," Bret Kenwell, a U.S. investment and opt...

"As Its Fundamentals Remain Intact, Gold Digested Its Recent Rally

"As its fundamentals remain intact, gold digested its recent rally to all-time highs quite well." Silver prices were also rallying on Monday, reaching $69 by 4 p.m. EDT. The metal is up 130% since the start of the year. The price of gold has soared nearly 70% this year. The prices of gold and silver hit record highs on Monday, extending a banner year for the precious metals.

Gold Has Risen 10% Over The Past Month And Nearly

Gold has risen 10% over the past month and nearly 70% in 2025. As of midday Monday, the price of gold topped $4,470 per ounce. Silver bested its amber counterpart over that span, jumping almost 40% over the last month and 134% this year. Heightened geopolitical and economic uncertainty have boosted demand for gold and silver, which typically display a degree of independence from movements in stock...