Gold ($XAU) Commodity Forecast: Down 5.2% Today

What is Gold?

Gold, a precious metal often considered a safe-haven asset, experienced a significant bearish movement today amidst profit-taking and improved market sentiment.

Why is Gold going down?

XAU commodity is down 5.2% on Oct 22, 2025 10:55

• 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.

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Gold Slides Below $4,100 Amid Profit-Taking

Gold prices extended their decline on Wednesday, falling more than 1% below $4,100 per ounce as traders booked profits following recent record rallies amid a stronger risk appetite. On Tuesday, bullion had plunged over 5%, marking its steepest daily drop since August 2020. Investor optimism was fueled by expectations of easing US–China trade tensions, with Presidents Donald Trump and Xi Jinping set to meet next week to address tariff disputes and prevent further escalation. Despite the recent pullback, gold remains up 60% year-to-date, supported by expectations of further Federal Reserve easing and ongoing geopolitical uncertainties, including reports that the planned Trump-Putin summit was postponed after Moscow refused a Ukraine ceasefire. Markets are pricing in two additional Fed rate cuts by year-end, with investors now turning to Friday’s CPI report for fresh guidance on monetary policy.

Gold Rout Continues

Gold prices fell to around $4,100 per ounce on Wednesday, extending its retreat from record highs after a more than 5% plunge in the last session, the steepest since 2021. The metal faced downward pressure as traders locked in gains from recent record-breaking rallies, compounded with improving risk appetite fueled by hopes of easing US–China trade tensions, denting bullion’s safe-haven appeal. Gold buying in India also eased after the seasonal surge subsided, adding pressure on the physical market. Still, gold remained up nearly 60% year-to-date, supported by expectations of further Federal Reserve rate cuts at its final two meetings of the year and by broader market uncertainties. Investors now turn their attention to Friday’s CPI report for further insights into monetary policy cues.

Gold Suffers Biggest Drop Since 2013

Gold prices tumbled as much as 6.2% to around $4,100 per ounce on Tuesday, their biggest daily drop since April 2013, after touching a record high of $4,382 on Monday. The decline came as profit-taking accelerated and the US dollar strengthened, while safe-haven demand eased amid improving global sentiment. Optimism grew over easing US–China trade tensions, with Presidents Donald Trump and Xi Jinping scheduled to meet next week to address tariff disputes and avoid further escalation. The end of the seasonal gold-buying spree in India also weighed on physical demand. Meanwhile, there were expectations that the US government shutdown could be resolved this week and anticipation of Friday’s delayed US inflation data. Markets continue to price in a 25-basis-point Fed rate cut next week, with another reduction likely in December. Despite the pullback, gold remains up more than 60% year-to-date, supported by expectations of further Fed easing and lingering demand for safe-haven assets.

Gold Holds Near Record High

Gold dipped to around $4,340 per ounce on Tuesday but remained close to the fresh record set in the previous session, supported by its safe-haven appeal and expectations of US rate cuts. The ongoing US government shutdown continued to fuel uncertainty, though White House economic adviser Kevin Hassett suggested the impasse could be resolved this week. Investors also monitored US-China trade developments, with Treasury Secretary Scott Bessent set to meet Chinese Vice Premier He Lifeng in Malaysia this week. The meeting between the two officials comes ahead of the planned talks between President Donald Trump and President Xi Jinping. Meanwhile, markets continued to price in a 25 bps rate cut by the Federal Reserve later this month, with another likely in December. Investors now await Friday’s September CPI report for further insight, which was delayed due to the shutdown.

Gold Hits New High

Gold prices surged more than 2% on Monday, trading above $4,345 per ounce, a new record high, as expectations of further Fed interest rate cuts and ongoing safe-haven demand continued to support bullion. The US government shutdown remains in effect, and although White House economic adviser Kevin Hassett told CNBC that is “likely to end sometime this week” uncertainty persists. Investors are also closely watching upcoming US-China talks. Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng are scheduled to meet in Malaysia this week to resume discussions following last week’s flare-up in trade tensions. President Trump expressed optimism that the negotiations could yield an agreement and described his previously threatened high tariffs on Chinese goods as “unsustainable”. So far this year, bullion has surged more than 60%.

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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.

06.10.2024 - XAU Commodity was down 1.2%

• Gold prices fell due to concerns over the US election outcome and the potential impact of a Trump presidency on inflation, leading investors to turn away from the precious metal.
• Anticipation of a Federal Reserve interest rate cut to bolster the economy was not enough to offset the negative pressure on gold.
• Investor wariness towards safe-haven assets like gold was evident, given positive economic indicators and the resilience of the US economy, which diminished the immediate necessity for hedging against inflation risks.
• Today's dip in gold prices stemmed from a mix of factors, including election uncertainty, monetary policy projections, and changing perceptions of economic stability.

25.01.2025 - XAU Commodity was down 1.7%

• Gold prices fell below $2,950 per ounce despite holding near record highs, as concerns over President Trump's tariff policies continued to weigh on the market sentiment.
• The escalating trade tensions, coupled with fears of inflationary risks due to tariff announcements on various imports, led investors to reevaluate their positions in gold as a hedge against economic uncertainty.
• Despite the bullish trend in recent weeks, the bearish movement today may indicate a temporary pullback as investors await further clarity on the Fed's monetary policy stance and the impact of geopolitical events on the global economy.
• The upcoming PCE report and market reactions to Trump's tariff measures will likely play a crucial role in shaping gold's future price movements, as investors navigate through volatile market conditions seeking safe-haven assets.

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.

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.