Gold rose about 65% in 2025, hitting over 50 new highs; silver surged about 150%

Odaily According to 2025 precious metals market data, spot gold closed down 0.46% on December 31 at $4,318.65 per ounce. Against the backdrop of global "de-dollarization," the Federal Reserve restarting its interest rate cut cycle, and continued gold purchases by central banks worldwide, gold became the most dazzling "star asset" of 2025, with its rally persisting throughout the year. It rose approximately 65% for the full year, once reaching a new all-time high of $4,549.96 per ounce and setting over 50 new highs during the year. Spot silver closed down 6% on December 31 at $71.51 per ounce. Industrial demand provided additional support for silver this year, while the global silver market has been in a structural supply deficit for several consecutive years, exacerbating price volatility. Silver surged about 150% for the full year, once hitting a new all-time high of $83 per ounce, marking its best performance in over a decade. (Bullionvault)