December 1, 2025 – Gold prices climbed to a six-week high on Monday as a softer U.S. dollar and early risk-off sentiment drove investors toward safe-haven assets. Silver also surged to an all-time peak amid the market dynamics.

Gold and Silver Movements:

• Spot gold rose 0.2% to $4,240.54 per ounce, marking its highest level since October 21.
• U.S. gold futures for December delivery gained 0.5%, reaching $4,276.00 per ounce.
• Silver jumped 2% to $57.48 per ounce, earlier touching an all-time high of $57.86.

The U.S. dollar fell to a two-week low, making bullion cheaper for holders of other currencies.

OANDA senior market analyst Kelvin Wong said, "There's a risk-off session in S&P futures, which are down 0.8% in line with a sell-off in major cryptocurrencies. So that has also created a bit of positive feedback loop into gold as a safe-haven asset play in today's much more thinly traded session."