Gold news

The technical overview shifted to volatile before last Tuesday’s plunge putting breakout strategies in play, while in sentiment fresh longs remain exposed.

Consumer inflation remained unchanged at 3.8% in September despite forecasts of a rise, leading markets to price in higher odds of rate cuts from the BoE

Precious metals are facing a heavy selloff on Tuesday as Trump confirms that he will meet with Xi Jinping later this month, calming some of the nerves around trade tensions

Markets continue to weigh the possibility of further escalation in the US/China trade dispute but optimism continues as earnings remain strong

US markets rebounded on Monday, 13 October, following Friday’s sharp sell-off.

Renewed tensions between China and the US weigh on market sentiment, with gold and silver receiving another boost

Traders react with cautious optimism to the news of a ceasefire between Hamas and Israel as the US government shutdown continues to cloud the outlook for rates

Gold (XAU/USD) is currently trading at $3,982.94 (as of 6:12pm UTC, 7 October 2025), after briefly crossing $4,000 per ounce for the first time during the session.

Several powerful tailwinds have pushed gold prices to the highest level in history.

The technicals remain bullish with plenty of factors cited on the fundamental front, and traders both large and small remain very much in majority buy territory.