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October 16, 2026
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Gold and Silver Slip as 2025 Closes After Best Year Since 1970s

After a stellar 2025, precious metals saw some profit-taking as the year ended. Spot gold hovered around $4,320 an ounce, while silver slid toward $71 an ounce.

2025 marked the strongest year for gold and silver since the late 1970s, driven by safe-haven demand, low interest rates, and strong industrial use for silver. Analysts say the year-end correction is normal after such record rallies, and metals may continue to see volatility as markets adjust to 2026 economic and rate expectations.

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