03rd October 2025

Gold Closes Seventh Consecutive Week of Gains

Gold notched its seventh consecutive week of gains, supported by expectations of further interest rate cuts from the U.S. Federal Reserve. Adding fuel to the fire was the U.S. federal government shutdown, which, according to Trump, will lead to “mass layoffs.” At 6:23 GMT, spot gold was up 0.1% at $3,859.09 per ounce, bringing the safe-haven asset’s weekly gain to +2.5%.
Source: Market Screener

02nd October 2025

Unstoppable Gold: U.S. Reserves Surpass One Trillion Dollars

The shutdown of U.S. government activities continues to inflate the gold market, which has now officially recorded a gain of +47% since the beginning of the year. If we were already at the end of 2025, this would mark the best result since 1979. Meanwhile, U.S. gold reserves have exceeded one trillion dollars in value—over 90 times the figure declared in the government’s balance sheet. The current valuation of U.S. gold reserves is based on the price of $42.22 per ounce set in 1973, which would limit their worth to just over $11 billion.
Source: Websim

01st October 2025

Gold at New Highs Amid First U.S. Shutdown in Seven Years

The lack of agreement among lawmakers on the federal budget has pushed the United States to shut down operations. A deadlock that puts hundreds of thousands of jobs at risk and could cost billions of dollars in lost economic output. European stock markets opened cautiously, while gold traded hands for the first time in history above $3,890 (around €106.5 per gram).Source: Il Sole 24 ore