Precious metals rally across the board: Gold hits $4,540 amid broader market momentum

The precious metals complex delivered strong gains on December 26, with spot gold surging to $4,540 per ounce, marking a 1.35% daily advance that reflects robust investor appetite for the traditional safe-haven asset.

The momentum extended beyond gold to the wider precious metals space. Spot palladium broke past the $1,900 barrier with remarkable strength, posting over 12% gains for the session. Platinum wasn't left behind, maintaining its bullish drive throughout the day and achieving a fresh all-time peak of $2,452.95 per ounce, up more than 10% on the session.

The synchronized strength across multiple precious metals suggests broad-based demand in the sector, with spot gold's 1.35% jump serving as a benchmark for the market's overall positive sentiment. The gains underscore sustained interest in physical commodities as investors navigate current market conditions.

(Data sourced from Golden Ten)