Core Points - The December 2025 gold futures price closed at $4,126.90 per ounce on October 24, with a decline of 0.45% and a weekly drop of 2.05% [1] - Both gold and silver prices experienced significant declines, with high volatility persisting in the market [1] - Risk appetite has improved this week, with U.S. stock indices slightly below historical highs, negatively impacting safe-haven precious metals [1] - Following recent record highs, gold has faced substantial selling pressure, with prices dropping over 5% at the beginning of the week, marking the largest mid-week decline in years [1] - Gold ETF holdings have also seen a significant reduction, recording the largest single-day drop in five months [1] - Despite recent declines, gold prices have increased approximately 55% year-to-date, supported by ongoing trade tensions and geopolitical risks [1] - The U.S. Labor Department reported a 3% year-over-year increase in the Consumer Price Index (CPI) for September, up from 2.9% in August [1] - The core CPI, excluding volatile food and energy prices, also rose by 3% year-over-year in September [1] - Recent price trends indicate a potential period of volatility, which may drive speculation in the futures market [1] - The Chicago Mercantile Exchange raised margin requirements for gold futures by 5.5% and for silver futures by 8.5% on October 17 [1] - Analysts believe that the substantial gains followed by a delayed correction represent a healthy and inevitable tactical retreat [1] Silver Market - The December silver futures price closed at $48.41 per ounce, with a decline of 0.60% and a weekly drop of 3.38% [2]