London, Jan. 2 (SANA) Precious metals opened the new year on a positive note, with gold rebounding from a two-week low and other metals recovering part of last week’s losses. Despite recent volatility, the sector posted record annual gains in 2025.
(CNBC) ,an American business news channel, reported that Spot gold rose 0.8% to $4,346.69 per ounce, bouncing back after hitting a two-week trough on Wednesday. The metal had reached an all-time high of $4,549.71 on December 26. U.S. gold futures for February delivery added 0.5% to $4,360.60.
Gold surged 64% last year, marking its strongest annual performance since 1979. The rally is attributed to falling interest rates, expectations of further monetary easing by the U.S. Federal Reserve, geopolitical tensions, and robust demand from central banks.
Silver rose 2.1% to $72.75 per ounce, after hitting a record $83.62 on Monday. The metal posted a staggering 147% annual gain in 2025, its best year on record and far outpacing gold.
Platinum edged up 0.2% to $2,057.74 per ounce, having reached a record $2,478.50 earlier this week, closing 2025 with a 127% annual gain, its strongest ever.
Palladium climbed 2.4% to $1,642.90 per ounce, after posting a 76% rise in 2025, its best yearly performance in 15 years.
The strong start to 2026 reflects continued investor interest in precious metals as a safe haven amid ongoing economic uncertainty and geopolitical tensions worldwide