Overview
- During Friday’s session on Comex, February gold futures set an intraday record near $4,561.4 per ounce and traded around $4,541, up about 0.86%.
- March silver futures jumped roughly 4–5% intraday, touching a record $75.485 per ounce after trading near $74.73 earlier in the session.
- January platinum futures climbed about 6.23% intraday, printing a record high around $2,450.7 per ounce before trading near $2,414.5.
- Market commentary cited speculative flows, expectations of prolonged U.S. rate cuts, and heightened geopolitical risks as additional drivers of December’s advance.
- The sharp moves were centered in Comex futures during thin holiday trading, underscoring elevated volatility as the year draws to a close.