Gold marked a new price milestone on Tuesday (December 23), continuing its record-breaking 2025 run. The spot price rose as high as US$4,511.83 per ounce, hitting that point at 4:04 p.m. PST. Gold spot price chart, December 16 to 23, 2025. The yellow metal’s latest rise caps off what’s been a historic year. After starting 2025 around US$2,640, gold had risen to the US$3,200 level by April. It stayed within a fairly flat range until the end of August, when it launched higher once again, breaking US$4,300 in mid-October. Gold took a breather following that move, even falling briefly below US$4,000; however, its retracement was neither as steep nor as long as market watchers expected. It began gaining steam again in mid-November, and took off again in earnest this week, powering higher along with its sister metal silver, which is currently over US$71 per ounce. Both metals benefit from geopolitical…
