AGE Daily Gold Update

AGE Daily Gold Update presents a recap on today's action in the precious metals markets. View archives.

10/13/2025: Precious metals resume relentless rally

Source: Dana Samuelson, American Gold Exchange

Austin — After taking a brief of pause to consolidate last Thursday and Friday, precious metals rallied with a vengeance in overnight Asian and London trading that continued in the New York session today. Gold gained 3.15%, silver added 3%, platinum surged almost 4%, while palladium rose 2.5%.

On Friday President Trump threatened China with new 100% tariffs in retaliation for China making rare earth minerals increasingly difficult to export from China. While Trump softened his rhetoric on China Monday, he had already lit the fuse under the market reopen on Sunday night. Today’s sharply higher moves for all four metals signaled the relentless rally is far from over.

At the New York spot close: gold charged $132.70 higher to $4,108.60; silver gained $1.20 higher to $51.13; platinum surged $68.90 to $1,669.60; and palladium rose $61.80 to $1,509.40.