Blog / Articles

Feb 17 (Reuters) - Goldman Sachs on Monday raised its year-end 2025 gold price forecast to $3,100 per ounce, up from $2,890, citing sustained central bank demand.

Feb 12 (Reuters) - Gold prices retreated on Wednesday from an all-time high hit in the previous session, as Federal Reserve Chair Jerome Powell's hawkish comment cemented views of slower rate cuts this year, while investors awaited a key U.S. inflation report.

The gold market continues to make new highs in global currency markets in particular the British pound as the Bank of England cuts interest rates for a third time this easing cycle.

Jan 22 (Reuters) - Gold prices soared to near three-month highs on Wednesday, trading just below its record peak, fuelled by a soft dollar and lack of clarity around U.S. President Donald Trump's policy plans, which investors fear could trigger trade wars and elevate market volatility.

Gold prices are once again testing resistance just below $2,700 an ounce as U.S. inflation data supports the Federal Reserve’s easing cycle.

The gold market continues to hold its ground even as the Federal Reserve strikes a more hawkish tone due to stubborn inflation pressures, according to the minutes from the December monetary policy meeting.

The gold market may be preparing to end the year on a soft note, on pace to close out December with a loss for the first time in seven years. However, there is still a significant amount of optimism in the marketplace ahead of the new year.

Dec 26 (Reuters) - Gold prices rose on Thursday, driven by safe-haven demand in light trading after the Christmas holiday, as markets awaited signals on the U.S. economy under the incoming Trump administration and the Federal Reserve's interest rate strategy for 2025.

Dec 12 (Reuters) - Gold slipped over 1% on Thursday as investors booked profits after it briefly reached a five-week high earlier in the session and squared positions ahead of a U.S. Federal Reserve meeting next week.

Dec 3 (Reuters) - Gold prices trimmed gains on Tuesday after strong U.S. jobs data hinted at a cautious approach to rate cuts by the Federal Reserve, while a softer dollar and easing Treasury yields capped losses as markets awaited further economic cues.