As of December 16, 2025, gold prices are hovering near record highs around $4,350 per ounce, just shy of the all-time peak of $4,383 set in Octoberdailyforex.com. This caps a historic year for the yellow metal, which has surged roughly 60-66% since Januarydailyforex.com – one of its strongest annual rallies in decades. The metal swung between $4,285 and $4,351 last week before steadying near $4,304timesofindia.indiatimes.com, buoyed by supportive economic news and policy shifts. Gold’s sister metal, silver, has also skyrocketed, touching a record high above $59/oz this monthreuters.com and nearly doubling in price year-to-datereuters.com. The broad-based strength in precious metals underscores investors’ robust appetite for safe-haven assets as 2025 draws to a close.