"Precious Metals Surge Ahead of the Holidays: Strategist Labels It 'Unhinged'"
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 24 2025
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Source: MarketWatch
Precious Metals Rally: This year has seen a significant surge in precious metals, particularly in December, driven by a buying frenzy among investors.
Strategist's Warning: Joni Teves from UBS cautions that the rapid rally may be unsustainable and surprising even to optimistic market participants.
Lack of Clear Triggers: The exact reasons behind the extent of the rally in precious metals are unclear, although a weaker dollar is noted as a contributing factor.
Investor Risks: The current market conditions pose rising risks for investors, suggesting a need for caution amidst the ongoing price increases.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
