Gold rebounds from two-week low and silver recovers

Gold rose today, recovering from the lowest ⁠The level in two weeks that was recorded in the previous session due to profit-taking operations at the end of the year, which sparked a widespread decline in precious metals after achieving peaks.

Gold rose in instant transactions by 1 percent to $4,374.83 per ounce. It had hit a record high of $4,549.71 on Friday, and fell to the lowest level in 17 days. ⁠December, yesterday, which is also the largest daily loss since October 21.

US gold futures for February delivery rose 0.8 percent to $4,377.80 an ounce.

The yellow metal was achieved ⁠A great performance in 2025, rising by about 66 percent so far.

The reduction in interest rates and bets on the Federal Reserve (the US central bank) led to further monetary easing, in addition to geopolitical conflicts. ​Strong demand from central banks and high holdings in exchange-traded funds ​Stock market, gold rose this year.

And it is expected ​Dealers cut interest rates at least twice next year. Non-yielding assets, such as gold, tend to perform well ⁠When interest rates are low.

Silver rose in spot transactions three percent to $74.41 per ounce, after recording the highest level ever at $83.62 in the previous session. Silver incurred ​Biggest daily loss ​Since August 11, 2020 yesterday.

Silver has risen 154 percent since the beginning of the year, outperforming gold thanks to its inclusion on the list of critical metals in the United States, lack of supply, and low stocks amid high industrial and investment demand.

“I expect the long-term rise for both gold and silver to continue, with price targets in the next six months at $5,010 per ounce for gold, and $90.90 per ounce for silver,” said Kelvin Wong, chief market analyst at OANDA.

Platinum rose in spot transactions 1.1 percent to $2,132.86 per ounce. Yesterday, it recorded the largest daily decline ever after touching an unprecedented high level at $2,478.50.

Palladium rose 1.1 percent to $1,634.29 per ounce, after its value fell 16 percent yesterday. ⁠Monday.