Overview
- February gold futures on Comex climbed to an intraday peak of $4,561.4 per ounce, last up 0.86% near $4,541 during Friday trading.
- March silver futures briefly reached $75.485 per ounce after a roughly 4–5% intraday surge to fresh records.
- January platinum futures touched $2,450.7 per ounce with gains around 6.23% on the session, marking a new high.
- Trading data reported by RIA Novosti and market analysis relayed by Reuters identified speculative flows as a key factor.
- OANDA analyst Kelvin Wong cited low holiday liquidity, expectations for extended U.S. rate cuts, and heightened geopolitical risk as drivers of the metals rally.