Gold Update 1 December 2025
Gold breaks higher
A classic God candle by Gold and Silver on Friday, despite the CME being down for some time. Target on the weekly is 4,250, the highest ever weekly close.
Market is currently driven by Silver which hits 56.50 earlier, an all time high.
Silver being driven by a physical short squeeze as decades of paper manipulation get wiped out. Same with Gold but to a less extent. But with Gold the relentless central bank buying is the prevailing trend.
We could be in for some real fireworks before Xmas.