Gold prices (December 24th) in the European session were stable at $4,491 ahead of Christmas Day tomorrow, with the market closing early tonight. Gold prices surged past $4,500 per ounce for the first time, while silver, platinum, and palladium also hit record highs. This increase was driven by surging demand for safe haven assets amid geopolitical and global trade risks, as well as expectations of further US interest rate cuts in 2026. Investors flocked to precious metals as a hedge.According to analysts, this trend is reinforced by the de-globalization narrative, where gold and precious...
Silver prices reached $72.63 per ounce on December 24, 2025, setting a new record driven by strong global demand and rising geopolitical tensions. This increase in silver prices was driven by factors such as political uncertainty, particularly related to Venezuela, and other geopolitical tensions, further strengthening its appeal as a safe-haven asset. Industrial demand for silver, particularly from the technology and renewable energy sectors, also increased sharply, pushing prices higher.Analysts expect this upward trend in silver prices to continue, in line with low interest rates and...
Brent oil prices rose today, reaching $61.58 per barrel, driven by several fundamental factors influencing the market. One of these is rising geopolitical tensions, particularly related to the threat of a US ground offensive against drug trafficking operations in Latin America. These tensions have raised concerns about supply disruptions from oil-producing regions, such as Venezuela, which has vast energy reserves. This uncertainty has prompted investors to buy oil as a safe haven, driving up prices. (asd) The oil price at the time of this analysis was $61.53.Disclaimer :This article is...
Gold Prices Soar Gold prices hit a record high on Tuesday, surpassing $4,480 an ounce for the first time, after posting a 2.4% gain in the previous session, their biggest surge in more than a month. The rise was driven by rising geopolitical tensions, particularly related to the US blockade of oil tankers against Venezuela and market expectations that the Federal Reserve will cut interest rates further in 2026. This year, gold has surged 70% and is on track for its biggest annual gain since 1979.Meanwhile, silver also hit a new record, surging 1% to $69.7060 an ounce, thanks to speculative...
The price of silver (XAG/USD) continues to demonstrate strong bullish control and remains within a high range, even breaking a new record high above $69.00. This increase is supported by strong buying momentum, maintaining the dominant uptrend and maintaining high market interest in silver.However, there is a slight caveat as the Relative Strength Index (RSI) indicator is already in the overbought area on the hourly and daily charts. This means that while the overall trend remains up, there is a possibility of a correction or temporary pause before the price rises further. Overall, the...