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News  ›  Benzinga

Silver Jumps 6%, Platinum Up 8%, Palladium Up 11% As Metal Shock Erupts: What's Moving Markets Friday?

Benzinga Logo Benzinga By Piero Cingari
Silver Jumps 6%, Platinum Up 8%, Palladium Up 11% As Metal Shock Erupts: What's Moving Markets Friday?

Precious and industrial metals surged on December 26, 2025, with silver up 6% to $76/oz, platinum up 8%, and palladium up 11%, driven by supply crunches in Asian markets. Silver and platinum are on track for their best years since 1978 and on record, respectively. Gold rose 1.3% to $4,550/oz while copper climbed 4.6%. Among equities, copper producer Freeport-McMoRan led gains at +3%, while the S&P 500 remained flat near 5,930 points.

Insights
FCX   positive

Copper producer led S&P 500 gainers with +3% gain, benefiting from copper's 4.6% climb as it recovers from July selloff.