Gold prices rose on Monday (September 29th), continuing their upward trend as the US dollar weakened. The weakening greenback made gold cheaper for holders of other currencies, boosting demand in global markets. Furthermore, the decline in US bond yields provided room for gold to move higher, as the opportunity cost of holding non-interest-bearing assets like bullion became lower. From a fundamental perspective, expectations for a Fed interest rate cut remained the main catalyst. The market viewed the latest inflation data as opening the door for the US central bank to ease monetary policy...
Silver strengthened above $46.90 per troy ounce in European trading today, Monday (September 29, 2025). This movement reflects positive sentiment from investors who are maintaining exposure to the precious metal, amid a combination of fundamental factors such as high industrial demand, a supply deficit, and pressure on the US dollar. Another factor supporting prices is the weakening US dollar. The declining greenback makes silver cheaper for global buyers, particularly from European and Asian countries. Furthermore, expectations that the Fed will begin cutting interest rates in the coming...
Gold hit another record high of $3,854 per ounce, driven by concerns over a potential US government shutdown, prompting investors to seek safe-haven assets. So far this year, gold prices have risen 46%, marking their best annual rate since 1979. Meanwhile, Treasury yields maintained their gains after a previous rally, and the US dollar strengthened slightly following President Donald Trump's decision to impose a 10% tariff on lumber imports. In Asia, stocks rose 0.2%, marking their sixth consecutive month of gains, with Zijin Gold International surging 66% on its Hong Kong trading...