StickyRice
2025-12-22

Gold enters 2026 at record highs after an exceptional rally driven by strong central bank demand, macro uncertainty, and a shift in strategic asset allocation.

Gold has long reflected global economic and political stress, with its price typically rising during periods of heightened uncertainty. In the wake of the global financial crisis, gold surged past $1,000. During the Covid-19 pandemic, it climbed to $2,000. Then, when Trump announced tariffs in April, it surpassed the $3,000 mark. The $4,000 mark was hit during the recent prolonged US government shutdown.

Global gold demand hit 1,313 tonnes in the third quarter of 2025, the strongest quarterly total on record, according to the World Gold Council. This surge was driven by strong investment demand, including purchases via exchange-traded funds, bars and coins, as well as significant buying by central banks.

Silver Freefall! A Healthy Reset or End of Squeeze?
Spot Silver loses 5% before the market open. Citigroup expects silver to likely avoid U.S. tariffs, which could encourage metal outflows from U.S. warehouses and relieve global tightness. After a months-long security review, the Trump administration paused broad tariffs on key minerals, including silver and platinum, opting for bilateral talks. Wall Street remains constructive mid-term, citing supply deficits, industrial demand, and gold spillover. With tariff risk easing, is silver’s pullback a healthy reset or the end of the squeeze?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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