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As of 12/5/2026, global precious metals showed mixed but generally firm momentum, with gold slightly higher and silver notably stronger. The latest market moves also reflect investors positioning ahead of upcoming US inflation data.
International prices (latest): Gold was at 6,492.5 USD/lb (previous day: 6,494; 7 days ago: 6,002). Palladium stood at 1,532 USD/oz (previous day: 1,532; 7 days ago: 1,519). Platinum was quoted at 2,166.2 USD/oz (previous day: 2,164.7; 7 days ago: 1,984.9). World silver rose to 87.895 USD/oz (previous day: 87.66; 7 days ago: 74.325).
News flow over the past 24 hours: Reports highlighted that gold prices were up slightly while the market waited for US inflation data. Silver prices were described as rising sharply. Multiple local updates also tracked gold price tables for SJC and other brands, alongside separate coverage of silver strength.
One notable domestic reference pointed to silver in the local market moving above 83 million VND/kg, while world silver held around the $80 level, underscoring the gap between domestic and international pricing dynamics for silver.
In commodities coverage for the week from 2–9/5, gold was reported to be rising again while oil fell by 6%, adding to the broader backdrop for metals demand expectations.
The crypto bear market remained in force on Wednesday, with bitcoin slipping back toward the $60,000 area. Sharp pullbacks in gold and oil also weighed on the 2025 “debasement trade,” which had supported hard assets amid concerns about government debt and fiat currencies. Meanwhile, tech—particularly the AI boom—continued…
