Its prices gold arrived at historically high levels today Monday (29.9.2025), backed by the weaker dollar and increasing expectations that the US Federal Bank (FED) will continue to reduce interest rates by 2025.
The golden spot rose 1.18% to $ 3,854.50 per ounce to a historic high, up 45% this year. However, its official value, based on the price of $ 42.22 per ounce set by Congress in 1973, is steady to just over $ 11 billion.
Gold’s future contracts in the US for delivery in December increased by 0.3% to $ 3,818.30.
The value of US reserves in gold exceeded 1 trillion. dollars after the frantic precious metal race. The value is now 90 times higher than the US government’s valuation in its balance sheet.
The US dollar index fell 0.2% against its competitors, making gold priced in dollars less expensive for overseas buyers.
Investors estimate that there is a 90% chance that the Fed will reduce interest rates in October and about a 65% chance of making another decline in December.
Gold, as a safe refuge, thrives in low interest rates and periods of geopolitical and economic uncertainty.
Stock markets began with reservation in Asia on Monday, as investors were preparing for a possible US government.