Gold - Overview as of 20.03.2025

Financial and commodity markets analytics


Gold prices reached an all-time high, exceeding $3050 per oz, due to geopolitical and economic uncertainty, as well as, the U.S. Federal Reserve's policy. As we suggested earlier, due to the fact that the The US Federal Reserve made the expected decision to keep the rates in the same range, the dynamics in the gold market has not changed - we can observe a local upward trend. can observe a local upward trend. At the moment, there are no conditions for a reasonable opening of positions for sale are absent. As for purchases - it is necessary to proceed from the acceptable risks and possible growth of volatility on Thursday, because the United States will publish data, which will be published in the United States. The United States will publish data affecting the dollar exchange rate, including the labor market and housing sales. information on the labor market and housing sales on the secondary market.