<\/p>\n\n\n\n
Gold prices surged to new record highs in Asian trading on Thursday<\/strong>, marking a fourth consecutive session of all-time peaks<\/strong>, as renewed U.S.-China trade tensions<\/strong> and rising expectations of Federal Reserve rate cuts<\/strong> intensified demand for the precious metal.<\/p>\n\n\n\n Spot gold climbed 0.7%<\/strong> to $4,237.87 per ounce<\/strong> by 04:25 GMT (00:25 ET)<\/strong>, after touching an intraday high of $4,241.99<\/strong>. U.S. Gold Futures<\/strong> advanced 1.2%<\/strong> to $4,252.59<\/strong>, extending the metal\u2019s strong run that has already seen it gain over 5% this week<\/strong> and nearly 20% since early October<\/strong>.<\/p>\n\n\n\n Investor sentiment remained anchored on dovish signals from the Federal Reserve<\/strong>, with markets now fully pricing in a 25 basis-point rate cut in October<\/strong>, followed by another in December<\/strong>. Lower interest rates tend to boost gold\u2019s appeal by reducing the opportunity cost of holding non-yielding assets<\/strong>, particularly as U.S. Treasury yields<\/strong> retreat from recent highs and the dollar weakens<\/strong>.<\/p>\n\n\n\n Safe-haven demand for gold also strengthened amid renewed U.S.-China trade friction<\/strong>. Washington\u2019s threat to impose new tariffs on Chinese goods<\/strong> and Beijing\u2019s expanded export controls on rare earths<\/strong> have reignited fears of a broader trade war between the world\u2019s two largest economies.<\/p>\n\n\n\n Adding to uncertainty, the U.S. government shutdown<\/strong>, now entering its third week<\/strong>, has delayed key economic data releases and heightened investor unease over fiscal stability<\/strong> in Washington.<\/p>\n\n\n\n Analysts at ANZ<\/strong> remain bullish, forecasting that gold will reach $4,400\/oz by the end of 2025<\/strong>, peaking near $4,600 by mid-2026<\/strong> before easing slightly. Other precious and industrial metals moved within narrow ranges. Silver<\/strong> edged up 0.3%<\/strong> to $53.13\/oz<\/strong>, staying close to record levels after rallying above $53.6<\/strong> earlier this week. Analysts noted that investors who missed the gold rally are increasingly rotating into silver as a high-beta alternative.<\/p>\n\n\n\n Platinum Futures<\/strong> were flat at $1,698.00\/oz<\/strong>, while Benchmark Copper Futures<\/strong> on the London Metal Exchange<\/strong> held steady at $10,616.20 per ton<\/strong>. U.S. Copper Futures<\/strong> ticked 0.2% higher<\/strong> to $4.98 per pound<\/strong>, supported by a weaker dollar and steady Chinese demand.<\/p>\n\n\n\n With markets balancing Fed-driven optimism<\/strong> and geopolitical caution<\/strong>, analysts say gold\u2019s record-setting run could still have room to extend \u2014 especially if global risks continue to deepen into year-end.<\/p>\n","protected":false},"excerpt":{"rendered":" Gold prices surged to new record highs in Asian trading on Thursday, marking a fourth consecutive session of all-time peaks, as renewed U.S.-China trade tensions and rising expectations of Federal Reserve rate cuts intensified demand for the precious metal. Spot gold climbed 0.7% to $4,237.87 per ounce by 04:25 GMT (00:25 ET), after touching an …<\/p>\n","protected":false},"author":9,"featured_media":98237,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[38,6827,49,36],"tags":[],"class_list":["post-120038","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-commodities-news","category-daily-economic-reports","category-economic-reports","category-market-updates"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/120038","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=120038"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/120038\/revisions"}],"predecessor-version":[{"id":120040,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/120038\/revisions\/120040"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/98237"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=120038"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=120038"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=120038"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Fed Rate-Cut Expectations Lift Bullion<\/strong><\/h3>\n\n\n\n
The Fed\u2019s Beige Book<\/strong>, released Wednesday, showed that U.S. economic activity was largely unchanged<\/strong> in recent weeks, while businesses cited slowing demand and easing cost pressures<\/strong>. Early signs of labor market cooling<\/strong> further supported the view that the Fed may soon pivot toward a more accommodative stance.<\/p>\n\n\n\nTrade Friction and Political Uncertainty Add to Gold\u2019s Luster<\/strong><\/h3>\n\n\n\n
ANZ Forecasts $4,400 by Year-End<\/strong><\/h3>\n\n\n\n
They emphasized that the current rally is \u201cunderpinned by structural drivers<\/strong>,\u201d unlike past speculative surges, with central bank purchases, geopolitical tensions, and policy easing serving as key tailwinds.<\/p>\n\n\n\nSilver and Other Metals Trade Mixed<\/strong><\/h3>\n\n\n\n