Precious Metals Bonanza: Gold & Silver Smash Records as Platinum and Palladium Rally

Late-September 2025 saw a broad rally across the precious metals. Gold futures hit fresh all-time highs – by Sept. 26, December gold settled near $3,809/oz reuters.com. Silver climbed in lockstep, reaching about $46.41 on Sept. 26 reuters.com. Platinum and palladium likewise surged: platinum hit $1,568.21 on Friday reuters.com, and palladium jumped above $1,280. These gains pushed all four metals into strong bull-market territory. Traders note that all sectors of bullion demand are rallying – and even traditionally lagging metals like silver and platinum are catching up. As one analyst observed, with gold so high, investors have been “turning to more affordable alternatives,” lifting silver and platinum prices reuters.com.