Precious metals start 2026 on a high note
New York, January 2, 2017 / WAM / Precious metals began the new year on a positive note, today, Friday, with gold rising slightly from its lowest level in two weeks, which it reached in the previous session, while other metals compensated for some of the losses they incurred during the week.
Gold rose in instant transactions by 0.8% to $4,346.69 per ounce, by 0019 GMT, after hitting a record level of $4,549.71 on December 26.
It had fallen to its lowest level in two weeks last Wednesday.
US gold futures for February delivery rose 0.5% to $4,360.60 an ounce.
The precious metal achieved a tremendous rise during 2025, concluding the year with annual gains of 64%, the largest since 1979.
Silver rose in spot transactions by 2.1% to $72.75 per ounce, after recording its highest level ever at $83.62 last Monday, and ended the year with a rise of 147%, outperforming gold by a large margin, making 2025 its best year ever.
Platinum in spot transactions increased 0.2% to $2,057.74 per ounce, after rising to its highest level ever at $2,478.50 on Monday, and recording its largest annual gain ever after rising 127%.
Palladium rose 2.4% to reach $1,642.90 per ounce, ending last year up 76%, its best performance in 15 years.
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