Posted on 12/22/2025 8:10:17 AM PST by Presbyterian Reporter
Gold and silver prices saw a fresh uplift on Monday as the shortened trading week kicks off. Investors typically rebalance their portfolios at the end of the year, and gold and silver are seen as safe bets. “The value of gold as a monetary potential hedge has reemerged,” said Matthew McLennan, head of global value team at First Eagle Investments. Gold and silver prices soared to new highs on Monday.
Gold was last seen at a record $4,445.8 per ounce while spot gold was last trading at $4,414.99. Prices are up nearly 70% since the start of the year.
The metal has soared this year, smashing consecutive price records as risk assets lost ground. Gold is typically viewed as a safe haven asset in times of economic or geopolitical turbulence.
Silver typically tracks gold, and was last seen at a record $68.96 per ounce while spot silver was last trading at $68.98. Prices have gained 128% since the start of the year.
And for those Freepers trading in copper and lead, copper is also trading at all time highs.
https://stockcharts.com/freecharts/pnf.php?c=%24COPPER,PLPADANRBO[PA][D][F1!4!10!!2!20]
Ditto that.
Why do they call Gold the yellow metal?
Its no more Yeallow than Trump is Orange.
Retards.
Mr. GG2 and I have been sitting on our nest egg for 18 years. Its finally paying off bigtime. Between that and putting all our cash into real property in 2021 we are doing the happy dance.😊
Silver is going crazy. Almost hit 70 last night and once it hits 75 look out.
I was going to do a little buying today - we are new to this only started a couple of years ago. Seems to be really high over
spot ? Today.
This was when silver was just under $20.
More than doubled this year.
“typically”
(ouch!...stop throwing sh__ at me!)
Is that a thing? I mean, do investors hold the actual metal, or invest in ETFs?
All time high for copper is $5.79.
“I was going to do a little buying today...”
On Friday I went to the local gold & silver seller — I have been purchasing from them for years — The nice lady behind the counter asked how many 1 oz. rounds would I like...
I replied: “Just one...”
“Just one?” she asked...
“Well a $100.00 bill does go as far as it used to...”
We both laughed (I typically always purchase two ‘rounds’ at a time...)
“Why do they call Gold the yellow metal?”
It’s a long standing tradition. E.G.:
https://www.youtube.com/watch?v=NfNyefcRUd0&list=RDNfNyefcRUd0&start_radio=1
“All time high for copper is $5.79”
Since pennies have been discontinued, I’m wondering if that now allows pre 1983 pennies (95% copper content) to be sold for meltdown? I’m sitting on many thousands of old pennies. Still not much money.
I’ve had tons of silver for so long, I was really close to selling all of it because it’s taking up so much room. Glad I didn’t!!!!
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