The price of gold has risen above four thousand dollars per ounce for the first time, increasing by more than 50 percent this year. Investors are seeking safe-haven assets due to political turmoil and uncertainty, as well as the weakening dollar and US government bonds.
Bitcoin rose by almost 10%, updating its historical maximum to over $125,000, thanks to record inflows into spot Bitcoin ETFs and seasonal October optimism. The macroeconomic situation in the US and the weakening dollar also contributed to the growth, making cryptocurrencies attractive to investors.
Goldman Sachs has raised its gold price forecast to $4900 per ounce for December 2026. This is due to the expected inflow of funds into gold ETFs and active purchases by central banks.
Economic expert Oleksandr Okhrimenko believes that in 2026, the dollar exchange rate may not exceed 42 hryvnias. It is difficult to predict the euro exchange rate due to its dependence on the political situation in the United States.
On October 6, the price of gold exceeded $3,900 per ounce for the first time in history. This was a consequence of increased demand for safe-haven assets due to the weakening Japanese yen, the US government shutdown, and expectations of a Fed interest rate cut.
A fintech expert predicts a moderate devaluation of the hryvnia in 2026, with the dollar exchange rate at 48 hryvnias and the euro at 52 hryvnias. She emphasizes the importance of diversification to minimize risks.
The MSCI Global Gold Equities Index rose 135% over the year, while semiconductor manufacturers' stocks increased by only 40%. Gold prices rose by 45% and reached new historical highs, attracting investors as a "safe haven" amid global uncertainty.
Bitcoin price reached a seven-week high of $120,052, its highest value since mid-August. The surge is supported by seasonal optimism and expectations of liquidity inflow due to a possible US government shutdown.
The Supreme Court's decision in the case of Concord Bank showed that shareholders of Ukrainian banks being withdrawn from the market are deprived of effective judicial protection. The judges concluded that the claims of former shareholders cannot be considered by any court, which contradicts the Constitution and European practice.
Global gold prices are holding near record highs of $3,862. 07 per ounce. This is due to expectations of a US Federal Reserve key rate cut and political uncertainty related to a partial shutdown of the US government.
Gold prices hit a record high in Asian trading on Wednesday, October 1, amid the US government shutdown. Spot gold reached $2875.53 per ounce, and December futures reached $3903.45 per ounce.
Kyiv's Pechersk Court did not consider the appeal against the closure of the case against Oleksandr Zyma, director of the NBU's legal department, because investigators did not provide the case materials. The hearing was postponed until October 14.
On September 30, the Pechersk District Court of Kyiv will consider a motion by the co-founders of Concord Bank to overturn the investigator's decision to close the criminal proceedings against Oleksandr Zyma, director of the NBU's legal department. The case was closed due to the absence of elements of a criminal offense, despite the Sosedko sisters being recognized as victims.
Fintech expert Olena Sosedka spoke about investing in securities as a way to preserve capital during wartime. She explained how to take the first steps, which instruments to choose, and which mistakes to avoid, and also emphasized the importance of portfolio diversification.
The Supreme Court ruled that the claims of shareholders of banks in liquidation are not subject to judicial review, creating a dangerous precedent. This decision contradicts the Constitution of Ukraine and the European Convention on Human Rights, depriving investors of the basic right to judicial protection.
Donald Trump introduced the "Golden Card" and the Trump Platinum Card, which allow obtaining a residence permit and work in the USA for investments ranging from 1 to 5 million dollars. This initiative is expected to attract over 100 billion dollars to the American budget.
New SEC Chairman Paul Atkins stated that most crypto tokens are not securities, which fundamentally changes US regulatory policy. This opens the way for innovation and synchronization with global standards, which will also impact Ukraine.
The bill on cryptocurrency taxation requires serious revision, which will postpone its second reading. The first deputy head of the Verkhovna Rada Committee on Finance, Yaroslav Zhelezniak, noted that the preparation deadlines are unknown.
Bitcoin rose 1. 2% to $115,604.3 on September 12, showing a 4.9% increase for the week. Other cryptocurrencies, including Ether and XRP, also showed significant growth.
Concordia co-founder Yulia Sosedka spoke about the unexpected decision of the NBU to liquidate the bank due to "mis-coding", despite the absence of claims from Visa and Mastercard. The bank won two lawsuits, but the Supreme Court refused to hear the case, citing the lack of shareholders' right to sue the National Bank.
September traditionally strengthens the hryvnia due to seasonal revival and agricultural exports. The expert predicts a stable exchange rate in September, but a possible weakening in October.
The Verkhovna Rada supported in the first reading the draft law on the legalization of virtual assets. The document provides for the taxation of profits from crypto operations.
Shareholders of Ukrainian banks lack legal instruments to protect their business due to the unlimited power of the NBU and the DGF. The Supreme Court closed the case of Concord Bank, overturning the decisions of lower instances.
Generation Z, numbering almost 2 billion people, is forming new standards for relationships with financial institutions. They demand speed, personalization, and technological solutions, and also value security and transparency.
Bitcoin fell to a two-month low due to significant sell-offs from inactive “whale” wallets and a decrease in ETF inflows. This also coincided with seasonal caution, as September historically sees a decline.
An opinion column by financial expert Olena Sosedka.
The Supreme Court closed the case of Concord Bank against the NBU and the Deposit Guarantee Fund, citing Law No. 590-IX. This decision deprives shareholders of liquidated banks of the right to judicial protection, despite previous decisions of lower courts.
The Supreme Court ruled in the case of Concord Bank, effectively depriving shareholders of the right to judicial protection in Ukraine. Now, the only way for them to protect their rights is to appeal to the European Court of Human Rights.
The Verkhovna Rada is preparing to consider a bill on the taxation of crypto assets. This will allow attracting up to UAH 20 billion annually to the budget and integrating Ukraine into global financial markets.
The Supreme Court made a decision in the case of "Concord" bank, which effectively deprived shareholders of access to justice. MP Nina Yuzhanina criticized this decision, calling it confirmation of the unprotected rights of shareholders and the NBU's impunity.