Gold prices (December 24th) in the European session were stable at $4,491 ahead of Christmas Day tomorrow, with the market closing early tonight. Gold prices surged past $4,500 per ounce for the first time, while silver, platinum, and palladium also hit record highs. This increase was driven by surging demand for safe haven assets amid geopolitical and global trade risks, as well as expectations of further US interest rate cuts in 2026. Investors flocked to precious metals as a hedge.According to analysts, this trend is reinforced by the de-globalization narrative, where gold and precious...
Silver prices are currently rising on Thursday (December 11th) amid market expectations that the global interest rate easing trend will continue. The Fed's dovish interest rate cut has lowered yields on interest-bearing assets, making precious metals a popular investment destination. Fundamentally, silver benefits not only as a safe haven but also as an industrial metal, whose demand is closely linked to the green energy and technology sectors, such as solar panels, electric vehicles, and electronic devices. Optimism that interest rate cuts can support economic activity and investment in...
Gold prices fell on Thursday (December 11) as the market began profit-taking after a sharp rally following the Fed's dovish decision. Previously, expectations of interest rate cuts and a weakening dollar had pushed gold prices closer to their peak, but now some market participants are opting to secure profits while awaiting new data and signals from central banks. The rebound in the US dollar and a slight increase in US bond yields also weighed on gold, making non-yielding assets like bullion slightly less attractive in the short term. In addition to technical factors and profit-taking,...
Silver hit a new record high today as the market grew more confident in the Fed's interest rate cut trend and the weakening US dollar. Yields on interest-bearing assets fell, prompting investors to shift funds to precious metals, and silver followed suit alongside gold. Furthermore, silver is being viewed not only as a hedge but also because of its significant role in industrial sectors such as solar panels, electric vehicles, and electronics. However, this sharp surge to an all-time high also increases the risk of a correction. If economic data disappoints or the Fed signals a longer pause...
Oil prices rose to $62 after the US seized a sanctioned tanker off Venezuela and Ukraine attacked Russian "shadow fleet" vessels, adding to the geopolitical risk premium. Venezuela holds the world's largest oil reserves, while recent data showed US crude stockpiles fell by 1.8 million barrels, providing some support for prices.However, from a fundamental perspective, analysts still see the shadow of a "super glut" due to rising OPEC+ and US production, which could potentially exceed demand. Therefore, although geopolitical tensions are lifting prices in the short term, many market...
Silver prices rose on Wednesday (December 10th), setting a new record on the spot market. This increase was driven by strong expectations that the Fed will cut interest rates soon, potentially driving down dollar yields and investors seeking alternative hedges such as precious metals. Fundamentally, the silver rally is also supported by a combination of investment and industrial demand. Inflows into silver-based ETFs have surged in recent days, indicating strong investor interest, while the physical market is in a supply deficit, so any increase in demand immediately pushes prices higher....