Gold Climbs to $4,540/oz as Palladium Surges Past $1,900 and Platinum Hits $2,452.95
COINOTAG News reported on December 26 that the spot gold price rose to $4,540 per ounce, signaling a 1.35% intraday gain. The move underscores renewed demand for bullion as risk sentiment shifts and macro cues influence hedging activity across the precious metals complex.
According to Oriental Wealth, the spot palladium price breached the $1,900 per ounce level, advancing by more than 12% intra-session. The sharp move reflects rotating exposure within markets and a heightened appetite for scarce catalysts amid evolving supply dynamics.
Meanwhile, spot platinum extended its ascent, climbing over 10% intraday and marking a new historical high of $2,452.95 per ounce, as reported by Oriental Wealth. The fresh peak points to robust industrial demand and potential supply constraints shaping near-term valuations.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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