News
News
Flash news
4th July 2025
US Employment Stability Dampens the Gold Market
Despite renewed support above $3,300 an ounce, gold is set to close the week below recent highs. June’s US employment growth exceeded analysts’ expectations, weakening the safe-haven market.
To break out of the current consolidation phase, gold needs a new bullish catalyst.
Source: Kitco News
3rd July 2025
Gold Slightly Up: +0.08% Change
No major moves for the price of gold, which opens today with a slight increase of 0.08%, reaching $3,360 per ounce. Support remains strong due to concerns over the U.S. fiscal deficit, along with ongoing uncertainty surrounding the tariff agreements set to expire on July 9. The yellow metal has still gained 2.5% since Monday, recovering the ground lost last week.
Source: Ansa
2nd July 2025
Trump Tariff Deadline Approaches: Gold on the Rise
According to a Kitco report, World Bank analysts predict a bullish trend for gold prices over the next 18 months. In the first half of 2025, gold has gained nearly 25%, driven by economic and geopolitical uncertainty. Experts expect prices to remain high, approximately 150% above the 2015-19 average.
Source: Trading View