2025-09-02 09:28
publication
2025-09-02 09:28
Waiting for loosening monetary policy in the United States stimulated the demand for precious metals and raised gold prices to the highest levels in history. Silver is also more expensive, which has been recorded at levels that have been underestimated for 14 years.
On Tuesday, in the morning, the most active series of term contracts in New York valued the ounce of gold at $ 3,555.47. Earlier, at night a new record of all time in the amount of $ 3,578.20 for the Trojan ounce.
Only from the beginning of 2025, dollar gold quotations went up almost 33% after last year yellow metal increased by 27.2% and gained 13.2% in 2023. As a result, for the previous three years, the “barbaric relic” doubled in the price, counting in the American currency.
After a long “flat correction” lasting from the end of April until mid -August, gold quotations have been going up again from several weeks. Analysts bind this fact with an increase in expectations for the resumption of a cycle of loosening monetary policy in the USA. The federal reserve is to reduce interest rates by 25 PB in September. And make one or two such discounts by the end of the year.
Gold used to cope well surrounded by low or decreasing real interest rates for the dollar. Meanwhile, inflation in the United States instead of going to a 2% target persists around 3% (recently even increased slightly). If this situation also persists next year, and the Fed will cut your feet as expected by the market, then the real interest rate in the US can be almost reset. Just as it has been in the euro area for several months.
“The consequence of a weaker economic environment and expectations for cutting feet in the US is an increase in precious metal prices,” Kyle Rodda, an analyst at Capital.com, told Reuters. “An additional factor is the erosion of trust in dollar assets because of President Donald Trump's attacks on the independence of the Fed,” Rodda added. We described this thread more widely in yesterday's message from the gold market.
Gold is not lonely in this rally. Silver ratings have been found for at most for 14 years, during the night trade valued at 41.99 dollars for the Trojan ounce. White metal only this year earned over 40% after an increase by 21.5% last year. As a result, there is more and more talk about an attempt to attack the 50 USD/oz., Where the previous two mega-hosts (or rather speculative bubbles) on the silver market stopped.
Platinum quotations also started up, although in this case the July maximum has not yet been pierced. Nevertheless, the platinum after the over a half decade of Bessie begins to come back to life and in July it was listed at most for 11 years.
KK
