So far from 2025, the precious metal, which usually does well in times of uncertainty and low interest rates, already shot 51%.
He American gold surpassed this Tuesday for the first time the barrier of the U $ S4,000 per ouncedriven by Expectations of a trim of the Federal Reserve interest rates At the end of this month and the persistent demand for refuge due to the current Government Shoutdown United States.
In this scenario, the futures of the American precious metal for delivery in December upload a 0.7% to U $ S4.003.60after reaching a maximum of U $ 4,011.30 on an ounce. Meanwhile, the cash in cash A 0.5% to U $ 3,981.65 The ounce, after reaching a historical maximum of U $ 3,988.59 At the beginning of the session.
“These are continuous flow flows derived in part of the government’s closure and there are no real indications that it will be resolved in the short term. Therefore, gold still has a fairly decent demand,” he said Peter Grantvice president and senior strategist of metals of Zaner Metals.
So far this year, gold, which usually does well in times of uncertainty and low interest rates, rose 51%. The rebound of metal was driven by a cocktail of factors, such as Expectations of type cuts by the Federal Reservethe current political and economic uncertainty, the solid purchases of the central banks, the tickets in the Golden ETFs and the weakness of the dollar.
US government closure for seventh day
The closure of the US government entered Tuesday on its seventh daywith this measure the publication of key economic indicatorsforcing investors to be based on secondary, non -governmental data, to calibrate the calendar and the scope of the Fed fees.
Investors foresee a 25 basic points cut at the Federal Reserve meeting this month, and an additional 25 basic points in December.
Meanwhile, political turbulence in France and Japan seized the currency and fixed income markets for the second consecutive day.
He Central Bank of China He added gold to his reservations in September for eleventh consecutive month, according to data from the Popular Bank of China.
Goldman Sachs raised his forecast for the price of gold for December 2026 from U $ S4.300 to U $ 4,900 The barrel, citing the strong entrances of western traded funds (ETF) and the probable purchases of the central banks.
Among other precious metals, the silver in cash drops 2.2% to U $ S47.47 The ounce, the platinum rises 0.7% to US $ 1,647.10 and the palladium wins 2.1% to U $ S1.377.
Source: Ambito
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