NewsBTC
Dec 19, 2025
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Gold, Silver Reach New Highs as Bitcoin Falls Below $89,000

Gold and silver reached new highs, with silver trading above $66 an ounce and gold over $4,330 an ounce. Silver's price in India rose to about ₹2.06 lakh per kilogram. This surge is attributed to increased industrial demand, tighter supply, and a shift towards safe assets.

Metals Rally

  • Silver has risen approximately 120-130% year-to-date, surpassing gold's performance.
  • Factors include stronger industrial demand from solar and electronics, and expectations of cooling US inflation.

Safe Haven Demand

  • Metals are seen as a hedge against economic instability and inflation.
  • Analysts highlight silver’s dual role as both an industrial metal and a store of value.

Bitcoin Decline

  • Bitcoin fell below $89,000, trading around $88,450, marking a 7% decline year-to-date and about 30% below its October peak.
  • Crypto funds have recorded outflows, indicating a risk-off sentiment in the market.

Market Dynamics

  • ETF flows impacted prices, with margin calls and profit-taking cited as factors.
  • Key technical levels for Bitcoin are $84,000-$85,000 for support and $90,000-$92,000 for resistance.

Economic Indicators

  • Upcoming US inflation reports and central bank announcements could trigger market movements.
  • Equity weakness, especially in tech, has shifted investments towards hard assets.
  • Global policy shifts, such as those from the Bank of Japan, may influence liquidity and investor decisions.