Gold and silver prices logged new record highs today, driven by demand for safe-haven assets and growing expectations of another cut in US interest rates next year. Platinum and palladium prices also saw notable gains, said a report.
Precious metals kick-started the New Year on a strong note resuming their rally after unprecedented gains in 2025. Spot gold climbed 1.3% to $4,372 per ounce on Friday, while spot silver added 2.8% to hit $73.30 per ounce after hitting a record high last year.
