Records on Records: Gold Crosses US$4,500, Silver $70

Ved Shah

December 25, 2025

Good evening ladies and gentlemen, and welcome to another Australian Gold Mid-Weekly Review, a series meant to keep you sharp with movements in the precious metals and mining space in Australia and the world!

Well, it's Christmas eve as we approach the last week of the year and it seems that the Santa Claus rally has very much taken off, with gold hitting an all time high of US$4,525/oz early yesterday evening. At the time of writing, gold stands at US$4,467/oz and it's quite apparent that the yellow metal's all-time high record encouraged profit taking among traders and investors. As far as the drivers of this rally are concerned, continued geopolitical tensions between the U.S and Venezuela, and President Trump pushing for rate cuts in 2026 have led to the surge this week.

Meanwhile, silver has been breaking record after record and has now crossed the US$70/oz mark. It will be interesting to see the trajectory that silver takes going on into 2026, and yes, our managing partner Mr. Brian's new book: 'Gold's True Message', has also included a section on understanding silver and its investment dynamics. If you're a member of Fat Tail Investment Research, you are already able to access the book as a member. If not, the book will be available very soon to you in early 2026.

Coming back, the ASX-All Ordinaries Gold Index has risen nearly 800 points to 19,171.26 points, following gold's rally to its all time high levels and crossing the 19,000 points mark for the first time itself. The index continues to be overvalued according to our Gold Stocks Valuation Index, but we're not claiming to sell yet. At The Australian Gold Fund, we're carefully monitoring market sentiments, the general environment, and the upcoming December quarter reports to determine a reasonable direction for the index in 2026.

Matter of fact, in our next weekly review video coming out on Sunday, we will be covering in detail the forecast for gold itself in 2026, and its primary drivers, based on our own research and the claims made by other financial corporations!

And that's it! Thank you so much for tuning into our mid-weekly review! We hope we've been achieving our aim of keeping you up to date every Wednesday on all the important market moves to keep your investment journey smooth-sailed. We hope to see you in our weekly review video on Sunday, and wish you all a very happy holidays and a new year ahead!




GoldHub Australia is closely monitoring the market for great opportunities in gold producers and developers. Which specific producers and developers are they, you may ask? One way to do this is to consider signing up to Brian's gold investment and speculation newsletters, The Australian Gold Report or Gold Stock Pro, from Fat Tail Investment Research.

For a limited time, you can use the promo code PULLBACK25 to get 50% off the first year of subscription.




Brian contributes his insights on precious metals and mining stocks via free and paid newsletters with independent publisher, Fat Tail Investment Research. You can learn about his work by visiting www.daily.fattail.com.au. Fat Tail Investment Research is part of The Agora, a renowned international financial solutions publisher.

Disclaimer: None of our content constitutes financial advice nor endorsements and recommendations for any organisations, companies, and products. Please seek a professional financial adviser before you make any decisions arising from our videos, articles and other published material. All those featured in our videos express their opinions and may not reflect our views. We support freedom of speech, thought, and expression.

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