Spot gold prices rose 2% to $4079. 49 an ounce, reaching their highest level since October 27. Weak US economic data and a weakening dollar strengthened expectations of a Fed rate cut next month.
Bitcoin fell 2. 5% to $104,179 on Tuesday, reaching its lowest level in over two weeks. The decline comes amid a strengthening US dollar, decentralized finance manipulation, and investors withdrawing $1.8 billion from exchange-traded funds.
The National Bank of Ukraine set the official exchange rate for November 4, recording a 15-kopeck increase in the US dollar to 42. 04 hryvnias. The euro rose by 2 kopecks to 48.42 hryvnias, and the zloty added 1 kopeck, reaching 11.38 hryvnias.
The US dollar index reached a three-month high as investors await fresh economic indicators. This could influence the Federal Reserve's stance on further monetary policy easing.
The average rate on a 30-year fixed mortgage jumped 20 basis points after the Fed announced a rate cut. This happened because the bond market did not react well to comments from Fed Chairman Jerome Powell.
Brent and WTI crude oil prices fell by 0. 55% and 0.71% respectively, heading for their third monthly decline. A strengthening dollar and a slowdown in manufacturing activity in China affected the market, while increased supply from OPEC+ and the US offset the impact of sanctions.
The US dollar held firm at high levels in early Asian trading on Friday after reaching a three-month high. The dollar index remained stable at 99.478 after the stock market fell on Wall Street on Thursday.
Oil prices fell on Thursday, despite US President Donald Trump's announcement of tariff reductions for China. Brent and WTI crude futures fell by 0.31% and 0.33% respectively.
Gold prices fell in Asian trading on signs of easing trade tensions between the US and China. Spot gold fell to $3,963.6 an ounce, while US gold futures fell to $3,981.59 an ounce.
US stock indices rose to historical highs: Dow Jones by 0. 42%, S&P 500 by 0.89%, Nasdaq by 1.54%. The growth was supported by expectations of a meeting between Trump and Xi Jinping, as well as an expected 25 basis point Fed rate cut.
Why the National Bank is preventing a sharp fall of the national currency and what will happen to the dollar.
Gold prices continue to fall, approaching their first weekly decline in several months. Spot prices fell 1.5% to $4062.48 per ounce, and US gold futures fell 1.7% to $4076.41.
The National Bank set the official dollar exchange rate at 41. 74 hryvnias, which is 1 kopeck less than on Tuesday. The official euro exchange rate is 48.47 hryvnias, down by 19 kopecks.
The US stock market is showing growth, approaching historical highs, as companies begin to report summer earnings. Shares of General Motors, RTX, Danaher, and Coca-Cola exceeded analysts' expectations, while some tech giants, such as Alphabet, are showing declines.
Gold prices fell on Tuesday after hitting a record high, as investors took profits amid expectations of a Fed interest rate cut. The spot price of gold fell by 0.3% to $4,340.29 per ounce.
Bitcoin recovered to $110,000 amid expectations of a Fed interest rate cut and stabilization of the trade war between the US and China. Other cryptocurrencies such as Ether, XRP, BNB, Solana, Cardano, and Dogecoin also showed growth.
Spot gold prices rose to $4,237. 87 per ounce, while US gold futures reached $4,252.59. The price increase is supported by expectations of a Fed rate cut and escalating trade tensions between the US and China.
Bitcoin stabilized after a fall, trading at $112,292. 5, amid trade tensions between the US and China. Markets expect a 25 basis point Fed rate cut in October with a 99.6% probability.
In Asian trading, the spot price of gold reached $4010. 84 per ounce, and December futures reached $4033.27, which is an all-time high. Experts predict a rise in silver prices, expecting it to reach $55 per ounce by the end of 2026.
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.
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.
On Friday, US stock indices continued to rise: the S&P 500 rose by 0. 4%, the Dow Jones by 338 points, and the Nasdaq by 0.2%. Investors are positive about shares of artificial intelligence and energy sector companies, despite delays in the release of the employment report due to the government shutdown.
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.
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.
Gold prices rose to an all-time high due to the threat of a possible US government shutdown, which complicates the forecasting of the Fed's monetary policy. The value of bullion reached $3,839.52 per ounce, and the world's largest gold producers announced personnel changes.
The price of gold reached $3,800 per ounce, which was previously forecast for the end of 2025. This increase reflects global distrust and preparation for worse economic scenarios.
Gold prices reached $3800 per ounce due to fears of a US government shutdown and expectations of interest rate cuts by the Fed. Silver and platinum also saw significant gains, supported by a weakening dollar.