The price of Gold exhibited significant volatility during the early trading hours on Friday (December 26, 2025), following the Christmas holiday on Thursday. The sharp fluctuations occurred after U.S. President Donald Trump initiated military actions against the ISIS group in Nigeria.
At the start of trading, Gold saw a drop, reaching around $4,460 per troy ounce. However, it quickly rebounded in response to Trump’s comments, eventually hitting an all-time high of $4,531 per troy ounce. Following this spike, Gold underwent a correction but continued to trade above $4,500 per troy ounce.
In a social media post, Trump mentioned that he ordered American forces to carry out a “strong and lethal strike” against ISIS.
The U.S. military command for the African region stated that this operation was conducted “at the request of Nigerian authorities,” leading to numerous casualties among ISIS members.
This military action heightened Gold’s appeal as a safe-haven asset, considering the potential for escalating military conflicts.
In recent days, Gold has surged, setting new record highs partly due to anticipations of more aggressive interest rate cuts by the Federal Reserve in the upcoming year and mounting tensions between the U.S. and Venezuela. Now, the U.S. military operations contribute further to the positive sentiment surrounding Gold.
