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Precious metals hit another record high
Gold and silver hit another record high this morning, topping the all-time peak set just yesterday, with spot prices jumping to $4,379.93/oz and $54.4/0z, respectively. The rally is driven by concerns over economic credit quality, expectations of continued Fed easing, and escalating US-China trade tensions. Two regional banks disclosed loan issues tied to alleged fraud, raising fears about weakening borrower credit, boosting safe-haven demand. Meanwhile, traders are increasing their bets on a jumbo US rate cut by year-end, while Fed Chair Powell signalled another quarter-point reduction is likely to happen this ... (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 fxstreet.com | Oct 17, 2025
Gold price (XAU/USD) falls 2% after reaching a record high at $4,379 earlier on Friday, tumbles below $4,250, sponsored by US President Donald Trump's comment that triple-digit tariffs on China are unsustainable. At the time of writing, Bullion prices hover at around the $4,230 - $4,240 range. The Greenback is recovering some ground, a headwind for Gold ...
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