Gold and silver prices surged in 2025, driven by global economic factors and market dynamics. Gold rose approximately 65% over the year, reaching a record high of $4,549.96 per ounce, despite closing down 0.46% at $4,318.65 on December 31. The increase was fueled by global de-dollarization, the Federal Reserve's rate cuts, and central bank purchases. Silver outperformed gold, soaring 150% in 2025 to a peak of $83 per ounce, despite a 6% drop to $71.51 on the year's final day. The metal's rise was supported by strong industrial demand and ongoing supply shortages, marking its best performance in over a decade.