Gold record breaking rally has made 2025 one of the most historic years for the precious metals market. Gold prices stayed firm on the last trading day of the year and remained on track for their strongest annual performance in nearly 50 years. Investors around the world watched gold touch record highs amid global uncertainty.
Spot gold traded near $4,345 per ounce after hitting an all-time high of $4,549 last week. US gold futures also eased slightly but stayed close to historic levels. Overall, gold has gained about 66% in 2025. This marks its biggest yearly rise since 1979.
The Gold record breaking rally was driven by several powerful factors. Interest rate cuts by the US Federal Reserve supported demand for non-yielding assets. Ongoing geopolitical conflicts pushed investors toward safe havens. Central banks also increased gold buying. Exchange-traded fund holdings rose steadily through the year.
Analysts noted that recent small declines were technical. Thin holiday trading and higher margin requirements on metals futures caused short-term pressure. At the same time, the US dollar strengthened, making gold more expensive for overseas buyers.
Silver also saw an exceptional year. Prices rose more than 150% in 2025 before falling sharply this week as traders booked profits. Silver benefited from strong industrial demand, low supply, and its status as a critical mineral in the US.
Platinum and palladium followed similar trends. Platinum jumped over 120% this year, its best performance ever. Palladium gained around 65%, marking its strongest year in 15 years.
Looking ahead, experts say the Gold record breaking rally may not be over. Some believe prices could test $5,000 by early 2026 if rate cuts and global tensions continue.
