Commodities 1 December 2025 - 11 December 2025

Silver is trading just under $58 per troy ounce on Monday, December 8, 2025, consolidating below last week’s record highs near $59 after one of the strongest rallies in its modern history. Spot XAG/USD is hovering around $58.1–$58.5, with today’s range roughly $57.6 to $58.7 and a 52‑week band of $28.2 to $59.3, keeping the metal within touching distance of its all‑time high. FXStreet+1 Depending on the data provider, silver is now up around 100% year‑to‑date, far outpacing gold’s roughly 60% gain and marking its best performance since the late 1970s. TradingView+2FXStreet+2 The gold/silver ratio has fallen back to about 70–72, its lowest level of 2025, underscoring how aggressively investors have rotated into the “white metal.” FXStreet+1

LONDON/NEW YORK – December 3, 2025 — Precious metals are back in the spotlight as investors pile into gold and silver on growing expectations that the U.S. Federal Reserve will cut interest rates as soon as next week. Silver blasted to a fresh all‑time high, copper set another record in London, and gold is holding just shy of its own peak as traders reposition around a shifting macro outlook. Reuters+1 Spot gold traded around $4,200 an ounce in New York afternoon dealings on Wednesday, after briefly spiking toward $4,240 earlier in the session, according to Reuters data. U.S. futures for February delivery settled modestly higher, near $4,230, extending the metal’s resilience after a volatile few weeks. Reuters