AGE Daily Gold Update

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

12/15/2025: Gold gains ahead of key data

Source: Bill Musgrave, American Gold Exchange

Austin — New York spot gold gained 0.2% to close near $4,307 as Treasury yields and the dollar edged down ahead of a flood of key economic data later this week. Bullion rose as much as 1.2% earlier in the session before retreating on reports of progress in Ukraine war negotiations. Silver surged 2.6% to finish at $62.94 an ounce.

The combined October/November jobs report from the BLS will be released tomorrow after months of delays because of the record-long government shutdown. The widely anticipated nonfarm payrolls report will include partial data for October and a full November survey.

The state of the labor market is a key element in the Fed's calculation about whether to lower interest rates again soon. The delayed US retail sales report is also due tomorrow, along with the S&P flash US manufacturing and services PMI data.

Benchmark 10-year Treasury yields edged down slightly as traders anticipate that the cascade of data will raise the likelihood of another rate cut from the Fed. Fed fund futures market are pricing in a 78% chance of a quarter-point reduction at the January meeting.

Tracking lower with yields, the dollar dipped against major rivals including the yen, Swiss franc, and euro, A weaker dollar supports gold and other commodities by making them cheaper in other currencies.

Platinum and palladium rallied 1.6% and 4.3%, which the latter benefiting from new projections of a 200,000-ounce supply deficit this year from Russia's Nornickel, the world's leading producer.

At the New York spot close: gold gained $6.60 to $4,306,70; silver surged $1.58 to $62.94; platinum picked up $27.85 to $1,784.95; and palladium rose $65.15 to $1,579.35 an ounce.