Gold declines with a shift to profit taking, and silver stabilizes near $80
Today, Monday, gold prices declined relatively, while silver remained near the level of $80 per ounce, amid investors shifting to reap profits from previous sessions, and geopolitical factors that led to a decrease in demand for Safe assets.
And The price of gold in spot transactions rose 0.4% to $4,512.30 per ounce, by 04:26 GMT, after hitting a record level of $4,549.71 on Friday. US gold futures (February delivery) also fell 0.4% to $4,535.10 per ounce.
And in the white metal, the price of Spot silver fell 0.7% to $79.68 per ounce, down from its all-time high of $83.62 recorded earlier in the session.
In other precious metals, the price of platinum fell 1.5% to $2,421.35, while palladium lost 6% to $1,807.59.
Gold prices witnessed A resounding rise in 2025, up 72% so far, breaking many records. Silver prices have also increased by 181% since the beginning of the year, outperforming gold, driven by its classification as a strategic metal, supply constraints, and low inventories amid rising industrial and investment demand.
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