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Precious metals rally extends as gold nears $4,500 and silver peaks
Gold neared a record $4,500 per ounce and silver hit fresh highs near $70 as investors sought safe-haven assets on geopolitical tensions and potential Fed policy easing.
Gold prices climbed close to the $4,500-per-ounce mark on December 23, driven by sustained safe-haven demand amid geopolitical concerns and expectations of looser U.S. monetary policy. Silver likewise reached a record high near $70 per ounce, extending strong year-to-date gains. Other precious metals, including platinum and palladium, also advanced, reflecting broad demand for hard assets amid market uncertainty.