Gold prices fell sharply on Friday (January 30th) after the market was busy betting that the next Fed Chair would be more hawkish. Spot gold fell 4.2% to $5,172.80/oz at 07:16 GMT, after dropping more than 5% and hitting a record high of $5,594.82/oz the day before. Despite today’s loss, gold’s monthly performance remains impressive:…
Oil prices continued to weaken following Donald Trump’s statement that Venezuela would hand over tens of millions of barrels of crude oil to the United States. Brent oil fell to near US$60 per barrel, while WTI hovered around US$56, extending its decline since the beginning of the year. Trump stated that up to 50 million…
The global gold price remains stable at around $4,500 per ounce after three consecutive days of sharp gains. Traders are now more focused on US economic data due this week, rather than the geopolitical tensions heating up in several parts of the world. This price adjustment indicates investors remain cautious, awaiting the latest information that…
Gold prices (XAU/USD) weakened slightly in the Asian session on Monday, after previously breaking a new record. This weakening occurred as market participants began taking profits ahead of the year-end holidays, when market liquidity was thin. Gold briefly touched a record high of around $4,550 per ounce, but then corrected. In addition to profit-taking, a…
Silver prices continued to soar, reaching $72.22 per ounce on December 24, 2025, setting a new all-time high in the precious metals market. This surge reflects strong demand from both the investment and industrial sectors, as well as expectations that global monetary policy will loosen further in the future. Investors are increasingly turning their attention…
Gold prices hit a new record above $4,500 an ounce on Tuesday (December 23rd), driven by rising geopolitical tensions, particularly in Venezuela, and expectations that the Federal Reserve will cut interest rates further next year. Gold continues to show its appeal as a safe haven amid concerns about macroeconomic risks, while silver and platinum prices…
