Precious Metals in Q4 and 2025- What are the Prospects for Q1 2026 and Beyond?

Core Insights - The precious metals sector was the best-performing segment of the commodities asset class in Q4 2025 and throughout the year, with a remarkable 30.27% gain in Q4 and an overall increase of 103.73% in 2025 [1] Gold Performance - Gold achieved its ninth consecutive record high in Q4 2025, rising by 13.03% during the quarter [4] - The COMEX gold futures recorded a 64.37% gain in 2025, settling at $4,341.10 per ounce on December 31, 2025, after reaching a peak of $4,584 in December [5] Silver Performance - Silver futures also reached a new record high in Q4 2025, increasing by 51.38% in the quarter [6] - The COMEX silver futures saw a significant 141.44% gain in 2025, closing at $70.603 per ounce on December 31, 2025, and surpassing the 1980 peak of $50.36 per ounce [7] Platinum Performance - NYMEX platinum futures hit a new record high in Q4 2025, with a quarterly increase of 28.39% [8] - The quarterly chart indicates a 127.57% gain for platinum futures in 2025, settling at $2,034.50 per ounce on December 31, 2025, and exceeding the 2008 high of $2,308.80 per ounce [9]