17th April 2025

Gold near all-time highs as ECB cuts rates

The gold market continues to trade near all-time highs against the euro. Support provided by the European Central Bank's (ECB) easing of monetary policy. Interest rates on deposits and main and marginal refinancing operations will be cut to 2.25 percent, 2.40 percent and 2.65 percent, respectively.Source: Kitco News

16th April 2025

Gold breaks new record: surpassed $3,300 an ounce

Unstoppable is the run of gold, which updates the all-time record at $3.300 per ounce (over 93 euros per gram). Behind the rise in recent months is a mix of factors: macroeconomic pressures, increased demand for safe-haven assets and changing monetary policy. Weighing heavily is the collapse of giant Nvidia, which reports charges of $5.5 billion in its first quarter earnings due to Trump tariffs.Source: Kitco News

15th April 2025

Slight decline for gold following profit-taking

Slight decline for gold futures, following the extraordinary rally of the past three days that reached 8.34 percent. A modest drop that of the yellow metal, mainly due to profit-taking, which is more than normal following a meteoric rise such as the one that began on April 9. At the close of U.S. trading yesterday June futures were trading at $3,226.90 an ounce, down $28.40.
Source: Kitco News