Gold ($XAU) Commodity Forecast: Up 1.0% Today

What is Gold?

Gold, a precious metal often considered a safe-haven asset, experienced a strong bullish movement today amidst ongoing market uncertainties and geopolitical tensions.

Why is Gold going up?

XAU commodity is up 1.0% on Dec 12, 2025 15:55

• Gold prices surged as a central bank signaled a dovish stance, with a key figure hinting at potential further rate cuts, leading traders to price in additional easing measures.
• Geopolitical risks added to gold's appeal as a safe-haven asset, driving up demand.
• Certain political incidents further supported precious metals, contributing to the bullish movement in gold prices.
• Overall, the combination of monetary policy expectations, geopolitical uncertainties, and central bank actions created a favorable environment for gold, pushing prices higher and extending its bullish trend.

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Gold Heads for Weekly Gain

Gold traded around $4,270 per ounce on Friday, holding near a seven-week high and heading for a weekly gain, supported by expectations of further US monetary easing. Fresh signs of labor market cooling reinforced views that the Federal Reserve may deliver two rate cuts in 2026. Jobless claims for the week of December 6 rose more than expected, reaching their highest level in over two months. The data came after the Fed delivered its third 25 bps cut of the year and adopted a less hawkish tone than markets anticipated. Chair Powell signaled that additional rate hikes are essentially off the table, prompting traders to price in two cuts for 2026, even though the Fed’s projections suggest only one. At the same time, the Fed announced it will purchase about $40 billion in short-term Treasury bills to ease money market strains, a move expected to cap short-term yields and support precious metals.

Gold Pares Losses

Gold traded near $2,230 per ounce on Thursday, rebounding slightly after an earlier retreat from October highs as markets digested the Federal Reserve’s move and its technical liquidity step. The Fed delivered the expected 25 basis point cut and Chair Powell’s remarks were read as modestly dovish which pushed traders to lift the probability of further easing, yet the policy statement and dot plot left the pace of cuts conditional. At the same time the Fed announced it will begin buying about $40 billion of short dated Treasury bills to ease money market strains, a measure that should cap upward pressure on short yields and support precious metals. The dollar weakened to the mid 98s and US 10 year yields eased toward the low 4s which reduced the opportunity cost of holding bullion and helped underpin the rebound. Geopolitical frictions and ongoing central bank buying, notably further additions to China’s reserves, added structural support for prices.

Gold Rises for Third Session

Gold prices rose to around $4,230 per ounce on Thursday, gaining for a third consecutive session and approaching October levels, when they hit a record, following the FOMC’s expected rate cut. Fed Chair Jerome Powell indicated that the central bank is considering whether to slow, modestly cut, or make larger reductions in interest rates, with no plans to raise them. The US central bank also maintained its forecast for a single rate cut in 2026, though a slight change in its statement suggested greater uncertainty over the timing and size of future reductions. Policymakers raised their growth outlook while trimming inflation forecasts for 2025 and 2026. Meanwhile, geopolitical risks contributed to the metal’s safe-haven appeal, including the US interception of a sanctioned tanker near Venezuela and ongoing uncertainty over the Russia-Ukraine peace process.

Gold Turns Positive After Powell's Remarks

Gold prices rose past $4,230 per ounce on Wednesday, testing October highs where prices hit their highest on record, as markets parsed the Federal Reserve decision and digested Chair Powell’s post meeting remarks. The committee pencilled in one more cut next year yet Powell’s wording about whether to stop now or cut “a little” or “more than a little” was read as opening the door to additional easing, prompting traders to lift the odds of two or more cuts in 2026 to roughly 68%. At the same time the statement’s tweak about the extent and timing of additional adjustments signalled a possible pause to assess incoming data, leaving the pace of cuts conditional. Policymakers also nudged their growth outlook higher while trimming inflation forecasts for 2025 and 2026, a mix that lowered short real rates and pressured the dollar while keeping longer term real yields from collapsing.

Gold Holds Steady After Fed

Gold prices hovered above $4,210 per ounce on Wednesday, trading in a tight range as markets parsed the anticipated Federal Reserve interest rate cut while seeking clearer signals on the policy path through 2026. The Fed’s widely expected 25 basis point reduction lowered short real rates and removed a dollar headwind that had constrained bullion, helping to anchor a price floor, while the committee’s cautious guidance and dot plot limited expectations for further easing and therefore capped upside. At the same time the dollar’s decline after the decision reinforced the usual inverse link between US yields and gold. Strong official demand remained an important structural support as China added to reserves for a 13th consecutive month and central banks broadly stayed net buyers, while steady ETF flows and robust physical buying in Asia continued to soak up available supply.

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Gold Price History

03.03.2025 - XAU Commodity was down 0.3%

• Gold prices dropped significantly by more than 3% from a record high above $3,160 per ounce due to the decision to exempt precious metals from tariffs, leading to a bearish market sentiment.
• Despite the decline, concerns about the tariffs' impact on global inflation and growth, coupled with expectations of rate cuts and strong demand for gold-backed ETFs, helped mitigate the losses, showcasing the metal's resilience in volatile times.
• The market movement was also influenced by tariff announcements, outlining baseline tariffs and higher rates for countries like China, the EU, and Japan, as investors awaited the U.S. non-farm payrolls report for further insights into the Federal Reserve's monetary policy direction.
• Overall, the bearish movement in gold today can be attributed to a combination of factors, including trade tensions, economic uncertainties, and market reactions to geopolitical events, highlighting the metal's sensitivity to global developments.

01.07.2025 - XAU Commodity was up 1.3%

• Gold experienced a strong bullish movement today, reaching above $3,290 per ounce.
• The bullish trend can be attributed to the ongoing trade tensions between the US and multiple countries, leading to a weaker global economic outlook and increasing demand for safe-haven assets like gold.
• President Trump's introduction of higher tariffs on various nations, coupled with a stronger US dollar, contributed to the positive sentiment towards gold as investors sought to hedge against market volatility.
• Additionally, the uncertainty surrounding the Federal Reserve's interest rate decisions and the potential impact of tariffs on inflation further boosted the appeal of gold as a store of value in turbulent times.

21.09.2025 - XAU Commodity was down 5.5%

• Gold prices dipped significantly today, shedding over 2% of its value, as it retreated from its recent record highs.
• The decline in gold prices can be attributed to signs of easing US-China trade tensions, with President Trump hinting at a possible thaw in relations and expressing optimism about upcoming negotiations.
• Additionally, the market sentiment shifted as concerns over escalating trade tensions between the US and China eased, leading investors to move away from safe-haven assets like gold.
• The ongoing uncertainty surrounding the US government shutdown and expectations of US rate cuts also played a role in the bearish movement of gold prices today.

21.09.2025 - XAU Commodity was down 5.4%

• Gold prices dropped by over 6%, marking the largest decline since 2013, and settled around $4,100 per ounce due to increased profit-taking and a strengthened US dollar.
• Factors such as easing US-China trade tensions, optimistic outlooks on potential trade resolutions, and expectations of forthcoming US interest rate reductions all played a part in the decrease in gold prices, as safe-haven demand waned.
• Despite this decline, gold still retains a year-to-date increase of over 60%, supported by expectations of additional easing from the Federal Reserve and ongoing interest in safe-haven assets.
• The current US government shutdown, upcoming negotiations between US and Chinese officials, and market expectations of Federal Reserve rate cuts were key drivers of gold price volatility.

23.03.2025 - XAU Commodity was down 5.2%

• Gold prices retreated from record highs as optimism surrounding US-China trade tensions and reduced concerns about Federal Reserve independence weakened the metal's safe-haven appeal.
• Treasury Secretary Scott Bessent's comments on a potential de-escalation in the trade conflict with China and President Trump's backing away from threats to dismiss Fed Chair Jerome Powell contributed to the decline in gold prices.
• The improved overall sentiment and the slight pullback in assets benefiting from safety demand led to a decrease in gold prices, despite the metal still being up roughly 30% year-to-date.
• President Trump's remarks on Fed Chair Powell, ongoing global trade tensions, and fears of political interference in monetary policy have added to the uncertainty, driving investors towards safe-haven assets like gold.

17.08.2025 - XAU Commodity was down 0.9%

• Gold briefly broke a record high after the Federal Reserve's rate cut decision, but profit-taking and stronger-than-expected US economic data led to a pullback in prices.
• The market sentiment towards gold was influenced by the Fed's rate cut, signs of a cooling labor market, and expectations for further monetary policy easing.
• Despite hitting record highs recently, gold faced selling pressure as investors awaited the Fed's policy decision and economic indicators for further guidance on the metal's future trajectory.
• The surge in gold prices this year, driven by central bank purchases, safe-haven demand, and a weaker US dollar, highlights the metal's role as a key asset in times of economic uncertainty.

16.06.2025 - XAU Commodity was up 1.0%

• Gold prices edged higher to around $3,330 per ounce as investors assessed a pick-up in US inflation and ongoing trade developments, including tariff announcements on various countries.
• The uncertainty surrounding US economic policy and trade tensions continued to support gold prices, with central banks increasing their gold reserves amid the volatility in global markets.
• Tariff measures, such as the 30% duty on imports from the EU and Mexico, along with calls for rate cuts, added to the market volatility and boosted demand for safe-haven assets like gold.
• The World Gold Council reported net central bank gold purchases, further highlighting the ongoing interest in gold as a hedge against economic and geopolitical uncertainties.

22.07.2025 - XAU Commodity was up 0.4%

• Gold prices surged significantly today, hitting approximately $3,330 per ounce.
• This sudden surge is linked to market speculations about a possible rate reduction by the Federal Reserve in September, with traders currently factoring in a high likelihood of a quarter-point reduction.
• Rising geopolitical tensions, particularly the conflict between Russia and Ukraine, also drove investors to seek refuge in safe-haven assets like gold.
• Investors are eagerly anticipating Federal Reserve Chair Jerome Powell's speech at the Jackson Hole symposium for additional insights into the central bank's monetary policy direction, which could continue to impact gold prices in the short term.

12.11.2025 - XAU Commodity was up 1.0%

• Gold prices surged as a central bank signaled a dovish stance, with a key figure hinting at potential further rate cuts, leading traders to price in additional easing measures.
• Geopolitical risks added to gold's appeal as a safe-haven asset, driving up demand.
• Certain political incidents further supported precious metals, contributing to the bullish movement in gold prices.
• Overall, the combination of monetary policy expectations, geopolitical uncertainties, and central bank actions created a favorable environment for gold, pushing prices higher and extending its bullish trend.

10.11.2025 - XAU Commodity was up 0.5%

• Gold prices increased above $4,230 per ounce after remarks from Federal Reserve Chair Powell suggested the potential for additional easing measures, boosting trader confidence in the precious metal.
• The Fed's decision to decrease interest rates by 25 basis points helped decrease short real rates and weaken the dollar, historically supporting gold prices.
• Traders closely watched economic projections and Powell's statements for insights into the central bank's future plans, with expectations leaning towards possible further rate cuts in 2026, strengthening gold's attractiveness as a hedge against inflation and economic uncertainty.
• Strong official demand for gold, exemplified by China's consistent rise in reserves for the 13th consecutive month, alongside substantial ETF inflows and physical buying, collectively drove gold prices up by around 60% year-to-date.

22.09.2025 - XAU Commodity was down 5.1%

• Gold prices fell sharply as traders engaged in profit-taking after recent record-breaking rallies, leading to a more than 5% plunge, the steepest since 2021.
• The bearish movement was exacerbated by improving risk appetite fueled by hopes of easing US-China trade tensions, diminishing gold's safe-haven appeal.
• Additionally, the end of the seasonal gold-buying spree in India further weighed on physical demand, contributing to the downward pressure on gold prices.
• Expectations of further Federal Reserve rate cuts at upcoming meetings and broader market uncertainties continue to provide some support to gold prices despite the significant pullback.

22.09.2025 - XAU Commodity was down 5.2%

• Gold prices saw a sharp decline below $4,100 per ounce, marking a substantial pullback from recent record highs.
• The bearish trend was driven by profit-taking as traders locked in gains from previous rallies and a shift towards riskier assets due to optimism surrounding potential easing of US-China trade tensions.
• Expectations of further Federal Reserve rate cuts and geopolitical uncertainties continue to provide some support to gold prices, despite the recent downturn.
• Investors are closely monitoring economic indicators like the CPI report for insights into future monetary policy decisions, which could further impact the direction of gold prices.