On Monday, the price of gold reached a new historical record by overcoming 3600 dollars per ounceNext week, at her meeting, at her meeting, she increased expectations for reducing interest rates next week at her meeting.
At 08:41 GMT, Cash gold (xau =) It grew by 0.7% and was $ 3 612.20Once touched during the session 3616,64 dollarsThe highest registered level.
So far 2025 g Growth on 37%After promoting 27% in 2024, at the heart of the weakness of the dollar, the purchase of central banks, expansive monetary policy and geopolitical and economic uncertainty.
On his part, Gold futures in the US (GCCV1) For delivery in December they remained stable in 3 653.10 dollars.
Gold rebound happens after learning that Employment growth in American employment weakened in Augustwhich has raised 4.3%of the unemployment rate, the highest level in almost four years. This data has merged expectation that the Fed lowers the rates next week.
According to the instrument Fedwatch of CMEOperators reduce by 90%, the likelihood of reduction 25 Main items. Reduced rates usually contributes to gold because it reduces the cost of maintaining ingots, which does not cause interest, and weakens the dollar, reducing metal for investors working with other currencies.
Parallel, 10 -dispensable communication with treasures In five months he approached his least level, reflecting the caution of the markets.
Investors’ attention is now focused on Inflation report in the USScheduled on Thursday, which may offer more clarity about the value of the rate that the Fed will accept.
Meanwhile, speculators increased their long clean positions in gold 20 740 contractsAchievement 168 862 by September 2, which reflects a strong commitment to the continuity of the metal action.
As for other precious metals cash (xag =) It grew by 0.3% to 41.08 dollars Ounce. He Platino (xpt =) Extended 1.6% to $ 1394.90and Paladio (XPD =) won 1.3% to 1124.24 dollars.
(With Reuters information)
