For the first time on Wednesday, gold extended more than 4,000 ounces to a historic rally, as investors sought refuge in increasing global economic and geographical political risks and betting on US interest rates.
Spot gold rose to $ 4,039.10 per ounce, while the US gold futures rose 1.4 percent to $ 4,061.80. Silver also joined the rally, which increased by 2 percent to $ 48.76 per ounce, which is only high in his time.
After an increase of 27 % in 2024, the precious metal has made it one of the best performing assets of 2025, after a 27 % increase in about 54 %, after almost 54 % increase. Gold’s rally has surpassed the global equity, Bitcoin, and has surpassed the US dollar and crude oil.
The mixture of factors is the cause of this increase, including the federal reserve rates cuts, permanent political and economic uncertainty, the purchase of a strong central bank, renewal of gold -backed trade funds, and a weak dollar. The ongoing closure of the US government, now in its eighth day, has delayed the key release of economic data, forcing investors to rely on private sources to assess the next feed step.
“In terms of geographical political uncertainty, background factors are the same, with additional government closure issues.” “Through the billion, the risk will be reduced to a certain extent.”
The upcoming meeting of the markets in the markets is now raising prices of 25 point points, which is expected to decline in December. Global crises, including the Middle East conflict, the war in Ukraine, and political turmoil in France and Japan, have further enhanced the demand for safe housing assets.
According to Deutsche Bank’s Michael Husseia, for the first time in five years, developed market Gold ETF renewal is also supporting the rally. Analysts expected the strong arrival of the ETF, the central bank’s purchase, and reduce US prices to raise gold prices in 2026, to increase their forecasts to Goldman Sex and UBS.
“We expected that the gold would reach the level of 000 4,000 near the end of the year, but the direction of the journey is in line with our wider view,” Vasurri’s commodity strategy, reaffirmed gold forecasts by the end of the third quarter of 2026, which forecasts gold.