Gold and Silver Close Lower, Recording Best Annual Performance Since the 1970s

Odaily News On the final trading day of 2025, both gold and silver prices declined, yet their annual gains remained at their highest levels in over forty years. Spot gold prices hovered around $4,320 per ounce, while silver prices fell to $71 per ounce. Trading was thin after the holidays, with both precious metals experiencing significant volatility: a sharp drop on Monday, a rebound on Tuesday, and another decline on Wednesday. This round of substantial fluctuations prompted exchange operator CME Group to raise margin requirements twice. Supported by a surge in demand for safe-haven assets amid heightened geopolitical risks and the Federal Reserve's interest rate cuts, both gold and silver achieved their best annual performance since 1979. High inflation in developed economies and growing concerns over heavy debt burdens fueled the so-called currency debasement trade, further propelling the surge in precious metal prices.