US stocks edge lower from records as precious metals surge

NEW YORK, United States — US stocks edged down from records on Friday amid holiday-thinned trading while precious metals extended their year-long surge to record highs. Silver topped $75 an ounce for the first time while gold also pushed to a fresh record price. Geopolitical risk was elevated as US military and economic pressure on Venezuela persist. READ: Venezuelans: Fearing war, they seek comfort in Christmas cheer Precious metals have surged in 2025 as uncertainty about US policy under President Donald Trump — and the prospect of further Federal Reserve interest rate cuts — have weakened the dollar. This reduced the […]... Keep on reading: US stocks edge lower from records as precious metals surge