Singapore: Gold prices rose slightly in early Asian trading, recovering from a two-week low, while other precious metals recouped some of last week's losses.
Spot gold climbed 0.8% to USD 4,346.69 an ounce, after hitting a record high of USD 4,549.71 on 26 December. US gold futures for February delivery also gained 0.5%, reaching USD 4,360.60 an ounce.
The precious metal saw a remarkable surge in 2025, ending the year with a 64% annual gain - its largest since 1979.
Silver advanced 2.1% in spot trading to USD 72.75 an ounce, following a record peak of USD 83.62 earlier last week. Platinum rose 0.2% to USD 2,057.74 an ounce after reaching an all-time high of USD 2,478.50 on Monday. Palladium climbed 2.4% to USD 1,642.90 an ounce, closing 2025 up 76% marking its best performance in 15 years.
Analysts attributed the gains to a combination of safe-haven demand, market optimism, and geopolitical uncertainties affecting investor sentiment in global commodities markets.
