Gold stabilized today but is still on track for its biggest annual gains in over four decades, while other precious metals fell sharply as investors booked profits after a record rally. Gold spot was trading at $4,345.75 per ounce at 04:04 GMT, after hitting a record high of $4,549.71 on Friday. U.S. gold futures for February delivery fell 0.5% to $4,365 per ounce. The precious metal has risen 66% in 2025, marking its biggest annual gains since 1979. Silver spot fell 4.5% to $73.06 per ounce today, after hitting an all-time high of $83.62 on Monday. Silver is up more than 150% since the start of the year, far outperforming gold, and is set for its best-ever annual performance. Platinum spot fell 12% to $1,932.55 per ounce after hitting a record high of $2,478.50 on Monday. Palladium fell 7.1% to $1,496.75 per ounce and is set to end the year up 65%, its best performance in 15 years.
