11:00 - 24.12.2025

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December 24, Fineko/abc.az. Gold and silver prices updated historical highs during trading on Wednesday.

ABC.AZ reports that investors are actively investing in precious metals as protective assets, expecting a further reduction in the discount rate in the U.S.

The price of February’s gold futures on the Comex exchange reached $4,554.9 per troy ounce. March silver futures also updated the record, rising to $72.75.

According to Tim Waterer, chief market analyst at KCM Trade, the price records reflect the attractiveness of metals as a means of preserving value in the face of the expected reduction in U.S. bank rates and ongoing global debt problems.