For the past few days investors wondered whether gold prices will reach $1600 level. Today the yellow metal managed to break above the $1600 resistance level. One could notice a significant surge in the afternoon as in roughly one hour the gold spot price increased from $1588 to the mentioned $1600 level. The bulls are still pushing the price higher as gold is now trading at around $1603 (+1.38%).
Source: xStation5
Daily Summary: End of the week in the red, tech rally waning
🔝Silver Jumps 10% Weekly, up 120% YTD
Chart of the day - SILVER (12.12.2025)
Daily summary: SILVER at a new ATH, EURUSD at its highest since October