Weekly Market Overview for Week of Monday - December 22, 2025

The final week of December 2025 saw precious metals extend their record-setting run, with gold and silver repeatedly breaking all-time highs before profit-taking set in ahead of the New Year. 

Gold peaked above $4,500 per ounce, while silver briefly surpassed $78, both capping historic annual gains. 

The rare coin market, while lacking broad price benchmarks, benefited from robust dealer bids and continued collector interest, particularly for bullion-linked U.S. gold and silver issues. 

With market liquidity thinned by holiday schedules, volatility was amplified, creating both opportunities and risks for sellers. 

Geopolitical tensions and shifting Federal Reserve policy expectations remained the dominant drivers, keeping a safety premium under precious metals and supporting strong premiums for bullion-proxy numismatics. 

As the year closed, the environment remained seller-friendly, but wide spreads and selective dealer interest highlighted the importance of expert evaluation and timely market engagement.

Daily Market Breakdown

Monday, December 22 

The week began with a dramatic surge in precious metals prices on December 22, 2025, as gold and silver set new all-time records. 

Spot gold climbed nearly 2% to $4,435.58 per ounce, with U.S. gold futures rising to $4,455.70, while silver spiked over 3% to $69.29 per ounce. 

By midday, gold was quoted above $4,470 per ounce, which is a 10% monthly and nearly 70% yearly gain, while silver’s 40% monthly surge placed it more than 130% higher year-to-date. 

These moves were driven by softer U.S. inflation and labor data, which boosted expectations for an imminent Federal Reserve rate cut, and by heightened geopolitical tensions, particularly between the U.S. and Venezuela. 

As a result, investor demand for non-yielding safe-haven assets soared, with both gold and silver outperforming amid thin holiday trading volumes. 

Platinum and palladium also advanced to multi-year highs, reflecting broad-based precious metals strength. 

Tuesday, December 23 

Throughout the week, precious metals maintained upward momentum, fueled by ongoing U.S.-EU trade frictions and a broad-based commodity rally. 

On December 23, gold reached a fresh record of $4,486 per ounce before closing at $4,459.62, up $42 from the prior day. 

Silver also marked new highs before modest profit-taking emerged. 

The rare coin market, though lacking a comprehensive price index, saw strong demand for top-tier numismatic rarities, as evidenced by headline-making auction results for unique U.S. Mint issues. 

Institutional moves, such as DWF Labs’ entry into tokenized gold transactions, added to the sense of expanding liquidity and interest in physical precious metals. 

As U.S. GDP and inflation readings approached, anticipation of Federal Reserve policy shifts continued to underpin safe-haven flows.

Wednesday, December 24 

The rally reached a crescendo on December 24, with gold breaking above $4,500 for the first time and closing at $4,503.50, while silver soared to $71.82. 

These gains were attributed to escalating geopolitical risks, stagflation concerns, and relentless demand from both retail and institutional buyers, particularly from China. 

However, the holiday-thinned market structure amplified price swings, and by the afternoon, profit-taking began to temper the highs. 

Rare coin market data remained sparse, reflecting the seasonal lull in trading activity, but sustained demand for high-end rarities was noted. 

Thursday, December 25 

Christmas Day saw a brief pause in the rally, with gold closing at $4,478.31 per ounce, down slightly from record levels, as global markets largely observed holiday closures. 

Silver held steady near $71.95, within a year that saw the metal rise over 160%. 

Despite the lack of fresh rare coin pricing, the persistent strength in physical gold and silver continued to support numismatic premiums, particularly for U.S. coinage with intrinsic bullion value. 

Market sentiment remained bullish, but the risk of volatility increased as profit-taking and post-holiday liquidity effects became more pronounced. 

Friday, December 26 

As markets reopened on December 26, gold rallied to a new all-time high of $4,561 before ending the session at $4,478.31, while silver soared to over $78 per ounce, with some spot markets quoting prices above $79.40, before closing at $71.95. 

Platinum and palladium also notched substantial gains, reflecting robust investor appetite for physical metals. 

The precious metals rally was driven by renewed safe-haven demand amid ongoing global uncertainty, with inflation cooling and expectations for Federal Reserve easing in 2026 lowering the opportunity cost of holding metals. 

Rare coin market data remained limited, though the strength in bullion supported premiums for U.S. gold and silver coins.

Saturday, December 27 

Over the weekend, the rally continued to demonstrate both strength and volatility. 

On December 27, gold closed at $4,532.38, up 1.19%, and silver ended at $79.20, up 9.16% for the day and over 150% year-to-date. 

This performance far outpaced equities and underscored the sector’s response to geopolitical risks. 

The rare coin market remained largely unaffected by the recent discontinuation of the U.S. penny, with scarcity potentially enhancing long-term collector interest in pre-2026 issues. 

Sunday, December 28 

The week concluded on December 28 with gold and silver spot prices again reaching record levels, with gold at $4,532.38 and silver at $79.32, before profit-taking and long liquidation into Monday’s session trimmed gains. 

The gold/silver ratio narrowed to approximately 65.4, confirming silver’s continued outperformance relative to gold. 

Market participants remained focused on the interplay between geopolitical instability and supply-chain issues, which have deepened liquidity strains in physical precious metals markets. 

While rare coin data was limited, the ongoing strength in the metals complex continued to support robust premiums for numismatic assets with bullion content, providing sellers with attractive opportunities in a historically strong market environment. 

Thinking About Selling Your Rare Coin Collection?

Thinking about selling your rare coin collection?

Coinfully specializes in purchasing numismatic treasures and precious metals from collectors nationwide. 

Our expert team provides fair, competitive offers based on current market conditions. 

Whether you have individual rare coins, complete collections, or precious metals, we make the selling process simple and transparent. 

Contact Coinfully today for a confidential consultation and free online coin appraisal.