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...
Global gold prices are currently trending lower on Wednesday (December 10). The main pressure comes from market concerns that the Fed could deliver a "hawkish cut," meaning a 25 basis point interest rate cut, but with a cautious tone and a signal that future easing will be less aggressive. These expectations have strengthened the US dollar relatively and put pressure on dollar-priced gold. Furthermore, many investors are opting to take profits after gold's prolonged rally throughout 2025, while awaiting the Fed's official decision and the latest economic projections for 2026. Remaining...
Global gold prices today tended to be flat, slightly weaker, at around $4,205–$4,210 per troy ounce, pressured by a strengthening US dollar following strong employment data. Investors have almost fully priced in the Fed's 25 bps interest rate cut tonight, but are wary of a "hawkish" cut (a rate cut, but with a tighter tone), so gold's upside is temporarily limited. The market's primary focus is no longer on the cut, but on the dot plot and the Fed's projections for 2026: how many more cuts they will leave open, and how Powell will speak about inflation and employment. As long as the 10-year...
Silver prices broke a record high above $60 per ounce and briefly touched around $60.92, driven by expectations that the Fed would cut interest rates again. So far this year, silver prices have more than doubled, even outpacing gold's rise.The silver rally is also supported by tight supply, large inflows into silver ETFs, and silver's new status as a "critical mineral" in the US, which has led to some domestic stockpiles being held. At the last recorded price, silver prices remained near $60.75 per ounce, while gold and the dollar index tended to be stable. (asd)Silver prices at the time of...
Gold prices strengthened again on Tuesday (December 9), as market expectations of the Federal Reserve (The Fed) possibly cutting interest rates soon grew. The weakening US dollar due to expectations of monetary easing made gold cheaper for holders of other currencies, thus increasing global demand for the precious metal. This sentiment was reinforced by weak US economic data, increasing investor confidence that the Fed would adopt a dovish stance. Demand for gold as a safe-haven asset was not only driven by monetary factors, but also increased amidst growing global economic and geopolitical...
Silver prices rallied again on Tuesday (December 9th), fueled by market expectations that the Federal Reserve will soon cut interest rates. Lower interest rates make silver, a "zero-yield" asset, more attractive than bonds or deposits. At the same time, the weakening US dollar has also boosted silver's appeal to global investors. Beyond monetary factors, industrial demand for silver is also high. Silver is widely needed in the electronics, solar panel, and green technology sectors, while global supply remains tight. The combination of substantial industrial demand and investment interest...