Why did gold and silver prices hit records on December 28?

A softer US dollar, rising expectations for Fed rate cuts, and safe-haven demand pushed both metals higher. Silver also benefited from strong industrial demand and supply tightness. Together, these factors lifted gold near $4,546 per ounce and silver to $75.92, setting fresh records and boosting investor interest.

How do Fed rate cuts affect gold and silver prices?

Lower policy rates reduce the opportunity cost of holding metals, which do not pay interest. Rate cuts can also weaken the dollar, improving global affordability. Both effects tend to support demand. The impact is rarely linear, so positioning, data surprises, and risk sentiment can cause short-term swings.

Is silver’s rally sustainable after a silver record high?

It can be if industrial demand from solar, electronics, and EVs stays strong and the dollar remains soft. But silver is more volatile than gold, so pullbacks are common. A staged approach, tight risk controls, and patience can help manage swings while keeping exposure to potential upside.

What should Swiss investors consider when buying gold or silver?

Focus on CHF effects, fees, and liquidity. Choose trusted Swiss providers, compare total costs, and consider CHF-hedged share classes. Use limit orders and staggered entries to manage execution risk. Keep allocations modest and rebalance on schedule to capture gains and limit downside in volatile markets.

Global Market Insights

Gold, Silver Hit Records December 28 as Dollar Softens, Fed Cut Bets

ByHuzaifa Zahoor December 28, 2025December 28, 2025

Gold and silver prices surged to fresh records on 28 December, with gold near $4,546 per ounce and silver at $75.92. A softer dollar, rising expectations for Fed rate cuts, and safe-haven interest pushed both metals higher. Traders also pointed to Chinese supply tightness and strong industrial demand for silver, explaining its outperformance this year. For Swiss investors, the franc’s strength, access via local ETFs, and product costs matter as much as the headline moves in global benchmarks.