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Gold Hits Seven-Week High on Safe-Haven Demand; Silver Notches Peak

Summary by Zawya
Spot gold rose ⁠1% to $4,327.31 per ounce by 1248 GMT, its highest level since October 21, and was set for ⁠a 3.1% weekly ‌gain
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Gold advanced this Friday to its highest level in seven weeks, driven by the weakness of the dollar, expectations of new rate cuts in the United States and an increase in the demand for shelter assets in the face of a more tense geopolitical environment. Silver also extended its rally and reached a new [...] The Gold entry peaks of seven weeks amid geopolitical tensions was first published in Information Focus.

Gold hits seven-week high, silver sets record - ReutersGold prices rose 1% to a seven-week high, supported by a weaker dollar and geopolitical uncertainty. Silver set a new all-time high, rising 10.4% for the week.

·Kyiv, Ukraine
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London, Dec 12 (Latin Press) The price of gold today reached its highest level in seven weeks, driven by the weakness of the dollar, expectations of interest rate cuts and a demand for shelter assets.The post Gold prices in peak of seven weeks first appeared on News Prensa Latina.

XAU = spot gold earned 0.7%, at $4,311.73 per ounce, its highest level since October 21 and on the way to a weekly increase of 2.7%

·Bogotá, Colombia
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El Economista broke the news in on Friday, December 12, 2025.
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