Precious Metals Market Update: December 6, 2025

06 December 2025 Daily Market Update
Precious Metals Market Update: December 6, 2025

Precious Metals Market Update: December 6, 2025

As of December 6, 2025, the precious metals market has exhibited notable movements, particularly in silver, which has reached unprecedented levels. This update provides an in-depth analysis of the current price actions, underlying macroeconomic factors, technical indicators, and prevailing investor sentiment across gold, silver, platinum, and palladium.

Silver Surges to Record Highs

Silver has experienced a remarkable ascent, with prices climbing to a record high of $58.98 per ounce on December 4, 2025. This surge represents a 101% increase over the year, driven by several key factors:

  • Market Liquidity Concerns: Tight supply conditions in major markets, including London and China, have contributed to the price escalation. reuters.com
  • Critical Mineral Designation: The U.S. government's classification of silver as a critical mineral has heightened its strategic importance, bolstering demand. reuters.com
  • Supply Deficit: Ongoing supply shortages have further intensified upward price pressures. reuters.com

Despite a slight pullback to $57.22 per ounce on December 4, silver's strong fundamentals suggest continued investor interest.

Gold Prices Amid Federal Reserve Speculations

Gold prices have shown resilience, with spot gold trading at $4,227.35 per ounce on December 5, 2025, marking a 0.5% increase. This movement is influenced by:

  • Federal Reserve Rate Cut Expectations: Anticipation of a 25 basis point rate cut at the upcoming Federal Reserve meeting has supported gold prices. reuters.com
  • Weaker U.S. Dollar: A declining dollar enhances gold's appeal as an alternative investment. reuters.com

However, mixed economic data, including a significant drop in private payrolls, adds complexity to the market outlook.

Platinum and Palladium: Market Dynamics

Platinum and palladium have also experienced notable price movements:

  • Platinum: Prices have risen to $1,651.15 per ounce, supported by tight supply conditions and increased industrial demand. reuters.com
  • Palladium: The metal has reached a two-year high of $1,482.65 per ounce, driven by strong investment demand amid economic uncertainties. mining.com

Technical Indicators and Investor Sentiment

Technical analysis reveals the following insights:

  • Gold: The 30-day Relative Strength Index (RSI) stands at 84.98%, indicating overbought conditions. gold.org
  • Silver: An RSI of 89.55% suggests strong bullish momentum. gold.org

Investor sentiment remains positive, with expectations of continued strength in precious metals due to macroeconomic uncertainties and central bank policies.

Conclusion

The precious metals market, particularly silver, is experiencing significant movements influenced by supply constraints, macroeconomic factors, and investor sentiment. Stakeholders should monitor these developments closely to make informed decisions in this dynamic environment.