Gold, silver set to register record gains; oil faces biggest annual drop since 2020

Core Viewpoint - Gold prices experienced a decline on Wednesday but are projected to achieve the steepest annual gains since 1979, indicating a significant upward trend in the gold market [1] - Silver prices more than doubled in 2025, despite a sharp retreat in the last trading session of the year, highlighting volatility in the silver market [1] Group 1 - Gold prices are on track for the steepest annual gains since 1979, reflecting strong demand and market dynamics [1] - The decline in gold prices on Wednesday does not overshadow the overall positive annual performance [1] Group 2 - Silver prices have more than doubled in 2025, showcasing a remarkable increase in value [1] - The sharp retreat of silver prices in the last trading session indicates potential volatility and market corrections [1]