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...
Brent oil prices are still moving in a relatively strong area as the market focuses on supply risks and expectations of interest rate cuts. On the supply side, the market remains wary of geopolitical tensions in several major producing regions and the production policies of OPEC+ countries. As long as the market perceives potential tightness in supply, or at least not abundance, oil prices tend to be supported as traders worry about sudden supply disruptions. On the other hand, from a demand perspective, expectations that the Fed and other central banks will begin lowering interest rates...
Silver prices remain in a very high range after hitting a new record high of around USD 58/oz and have risen more than 100% throughout 2025. This sharp rise is supported by three main factors: expectations that the Fed will cut interest rates this month, a weakening US dollar, and market concerns about supply. Many market participants view precious metals, including silver, as a safe haven when interest rates are expected to fall and economic uncertainty is increasing. At the same time, fundamental supply factors are also driving prices. Silver inventories in major global warehouses,...
Fundamentally, today's gold price movement is still dominated by expectations of a Fed interest rate cut and "risk-off" sentiment in global markets. Gold is currently hovering near a six-week high above $4,200 per troy ounce. Sentiment for gold today and the next few sessions will depend heavily on two key factors: the movement of the US dollar and the release of key US economic data (especially employment and inflation data such as the ISM and core PCE). If these data confirm an economic slowdown and the dollar remains weak, gold could potentially maintain its uptrend as real yields...
Silver prices surged sharply, briefly hitting an all-time high of $57.86 per ounce before stabilizing at $57.48. This increase was triggered by a weakening US dollar and risk-off sentiment that prompted investors to seek safe havens. Thin market liquidity following the CME shutdown last week also accelerated price movements, causing silver to rise faster than usual. Expectations of a Federal Reserve interest rate cut in December have also bolstered interest in silver as a safe haven. Dovish statements from Fed officials and weak US economic data have further strengthened the market's...
Gold prices climbed again, hitting a six-week high on Monday, December 1, driven by a weakening US dollar and growing investor appetite for safe-haven assets. Spot gold hit $4,240 per ounce, while December gold futures reached $4,276. Silver was even more striking, breaking an all-time high of $57.86 before stabilizing at $57.48 per ounce. A sell-off in US stock futures and falling crypto prices have made precious metals increasingly a risk-off destination. This rise was also fueled by strong expectations that the Fed will cut interest rates in December, following a series of dovish...