22.12.2025 07:05
Spot gold prices reached a historic high of $4,383.73 per ounce on Monday, driven by strengthened expectations for additional rate cuts following the U.S. Federal Reserve's 25 basis point interest rate reduction last week, safe-haven buying, and the depreciation of the dollar. Starting the new week with a 1.3% increase, gram gold also surpassed 6,000 lira for the first time in history.
Spot gold reached an all-time high of $4,383.73 per ounce on Monday, following the 25 basis point interest rate cut by the U.S. Federal Reserve last week, amid expectations of further rate cuts, strong safe-haven demand, and a weakening dollar.
GAINED 67% SINCE THE BEGINNING OF THE YEAR
Gold, seen as a traditional safe haven, has gained 67% since the beginning of the year due to geopolitical and trade tensions, strong purchases by central banks, and expectations that interest rates will decline further next year.
DECLINE IN DOLLAR SUPPORTED THE RISE
The decline in the dollar index has also made gold more attractive to foreign investors, supporting the rise in prices.
EXPECTATION OF TWO INTEREST RATE CUTS IN THE U.S.
In the markets, investors are pricing in two interest rate cuts in the U.S. in 2026, which increases the appeal of gold that does not provide yield.