Silver’s explosive rally in 2025 is now starting to create the opposite effect. After gaining around 140% last year, silver prices at such elevated levels are beginning to weaken demand from industrial buyers, raising concerns that the metal may still have room to fall further in the period ahead.
Spot gold rose 0.2% to $4,516.76 per ounce as of 0051 GMT, while U.S. gold futures for June delivery gained 0.3% to $4,516.30 per ounce.
At the time of writing, spot gold was trading near $4,569.30 per ounce, up 1.35%, while spot silver was trading around $77.95 per ounce, gaining 3.38% on the session.
Spot gold opened the week at around $4,539.09 per ounce, then climbed to a weekly high of $4,588.64 per ounce as uncertainty surrounding the Iran conflict and defensive market sentiment supported demand for the precious metal
At the time of writing, spot gold was trading near $4,542.40 per ounce, down 0.04%, while spot silver was trading around $76.655 per ounce, up 1.03% on the session.
Brent crude futures rose by $1.27, or 1.21%, to $106.29 per barrel, while U.S. West Texas Intermediate crude increased by $1.29, or 1.31%, to $99.55 per barrel.
Gold recovered above $4,530 per ounce on Wednesday after briefly falling to a two-month low near $4,490 in the previous session.
Gold and silver prices came under strong pressure after Tuesday’s close as rising U.S. Treasury yields, a stronger U.S. dollar and inflation concerns linked to oil prices outweighed safe-haven demand.
.jpg&w=3840&q=75)
AI does not make the market simple. However, it can help traders approach the market in a more structured way.
According to mining veteran Pierre Lassonde, co-founder of Franco-Nevada and former president of Newmont Mining, the global financial system is entering a structural shift that could push gold toward $17,250 per ounce within the next few years.