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Gold Climbs to Record on Bank Woes, Fed Bets and Trade Tensions
Gold rose to a record, boosted by concerns about credit quality in the economy, bets that the Federal Reserve will press on with monetary easing and heightened US-China frictions. Bullion has risen more than 7% so far this week and touched a peak above $4,300 an ounce on Thursday, extending a breakneck rally that began in August. The buying spree has spread to other precious metals, with silver surging to a record above $54. Broader markets were jolted as two regional lenders disclosed problems with loans involving allegations of fraud, adding to concern that more cracks are emerging in borrowers’ creditworthiness. ... (full story)
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From thisismoney.co.uk | Oct 16, 2025
The price of gold soared towards $4,300 for the first time yesterday – fuelling speculation it could rise as high as $5,000. Bullion hit $4,295 an ounce, taking gains for the year to 64 per cent, while silver also hit a record $54 an ounce. Analysts suggested gold could be on the way to $5,000 as nervous investors look for somewhere safe to park their cash ...
From brecorder.com | Oct 17, 2025
Gold notched a new high above $4,300 an ounce on Friday and was poised for its best week in over 17 years, as signs of weakness in U.S. regional banks, global trade frictions, and further rate-cut hopes pushed investors to the safe-haven metal. Spot gold rose 0.9% to $4,362.39 per ounce, as of 0439 GMT, after scaling another record high of $4,378.69 ...
Even as gold prices continue to hit new record highs every trading day, the rally might still have some legs, according to the World Gold Council. Gold hit a new high of $4,258.76 per ounce on Thursday. Its future trajectory hinges on investor reactions to tactical and fundamental elements. “In our view, comparisons to 1979 are enticing but misleading,” the ...
