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.
“”””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!!!!””””
Let’s see now. There are 32,000 ounces in a ton. So at $60 per ounce, you have $2 million for each ton.
By the way, what is your home address and when will you be traveling? (s)
Yeah, no one’s stealing silver my man. Way too heavy!
Stick to gold. It’s a lot easier to steal and unload. Not many shops are buying silver right now and refineries aren’t accepting anything right now. Price is great to watch Gino but if you need to unload it, GOOD LUCK!
Go up
“Focus now turns to the next generation of Starship and Super Heavy, with multiple vehicles currently in active build and preparing for tests. This next iteration will be used for the first Starship orbital flights, operational payload missions, propellant transfer, and more as we iterate to a fully and rapidly reusable vehicle with service to Earth orbit, the Moon, Mars, and beyond”
https://www.spacex.com/launches/starship-flight-11
perhaps to a gold asteroid, or two, or three...
Material ρ (Ω•m) at 20 °C Resistivity
Silver 1.59×10−8
Copper 1.68×10−8
Aluminum 2.82×10−8
https://www.thoughtco.com/table-of-electrical-resistivity-conductivity-608499
The use of silver in solar panels may come to a halt.
Lol!
My gold stash consists of a tooth that was pulled yrs ago. Was told it was worth $10. Wonder what the filling is worth now.
To put on top of your piece of land, I presume...
Finally!
I had a ton of silver.
Alas, lost it in a boating accident.
A gold crown could be in the 1/10 ballpark of an ounce, like a molar. Have to factor that gold in crowns are an alloy to maximize durability. I'll assume it's not a filling, with much less. So for a crown, perhaps around $450.
I wish the Mining stocks start to run. Way undervalued at this point.
“”””I wish the Mining stocks start to run. Way undervalued at this point.””””
The basic problem with gold and silver mining stocks is that when the price of gold and silver goes up, the mining companies issue more shares and thus dilute the share price.
So, mining shares are inherently fiat shares
I don’t know, but Im wondering if the miners are a gift here? A sling shot getting ready to go?
https://finance.yahoo.com/quote/B/
Here is one example.
Barrick Mining shares sold for $16 in 2000. Today Barrick is selling for $45.
In 2000 gold was selling for $300 oz and silver for $5 oz. Today gold is selling for $4500 oz and silver for $70 oz.
So in 25 years Barrick shares are 3 times higher.
But in 25 years gold and silver are 15 times higher.
I’m just hoping for some ketchup on my free fries
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