Gold has maintained its position near $2,910 per ounce after gaining almost 2% last week, supported by growing concerns about the global economy.
The precious metal has been rallying throughout early 2025, hitting multiple record highs amid anxiety over Trump’s trade policies, central bank buying, and potential Fed rate cuts.
Recent weak US economic data has strengthened expectations for further rate reductions, which typically benefit non-interest-bearing assets like gold.
Original Source: Yahoo Finance
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485 Lexington Avenue, Suite 304 New York, NY 10017
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Past performance is no guarantee of future results. Any historical returns, expected returns, or probability projections may not reflect actual future performance. All investments, including precious metals, involve risk and may result in partial or total loss. No conclusion of any type or kind should be drawn regarding the future performance of investments offered or managed by us based upon the information presented herein. Performance information presented has been prepared internally (unless otherwise noted) and has not been audited or verified by a third party. Information on this page is based on information available to us as of the date of posting and we do not represent that it is accurate, complete or up to date. See our complete disclaimers for additional details.
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