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Week 50 Gold Market Recap: Golden Surge Ignites - Fed Cuts Fuel Record Gold & Silver Rally

2025-12-12 11:10:37 | 浏览 4609

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Gold prices powered higher this week, with spot gold peaking at $4,285/oz before settling between $4,242 and $4,250, marking a 2.5% gain that broke through key $4,250 resistance. This rally stemmed primarily from the Federal Reserves recent rate cut, weak non-farm payrolls, and robust global and ETF demand. Spot gold successfully bounced from $4,200 support with a 1.8% post-FOMC surge driven by soft ADP and ISM data. Backed by strong $4,200 to $4,250 support and a bullish MACD cross, the next target ahead sits at $4,310. Concurrently, Shanghai gold averaged RMB 540/g, COMEX December futures closed at $4,248.30/oz, and silvers breakout to a record year-high of $63.25—gaining over 2%—reflected parallel safe-haven flows.


Fed Policy Impact

The Federal Reserve executed a 25-basis point rate cut on December 10th, dropping the federal funds target range to 3.50%–3.75%. This represents its third straight cut and the lowest level since 2022, decided via a divided FOMC vote that signaled a hawkish stance despite the monetary easing.

Chair Powell cited cooling labor markets, marked by softer job gains, rising unemployment, and JOLTs vacancies at 8.1 million, alongside inflation approaching 2% to justify avoiding over-tightening while emphasizing data-driven future moves.

This hawkish cut bolsters golds surge through lower real yields. However, tempered 2026 guidance curbs aggressive easing bets, as the dot plot eyes a slower path toward year-end targets at $4,400 amid rising manufacturing costs flagged by officials.

Macro Drivers

Several macroeconomic factors fueled the upward momentum. November core CPI rose 0.2% month-on-month in line with forecasts, supporting gradual Fed easing as services inflation eases but lingers. Meanwhile, global central banks piled on 1,320 tonnes year-to-date, with China adding 28 tonnes and India adding 22 tonnes in November alone. SPDR Gold Shares saw 45 tonnes of inflows amid escalating Middle East tensions and tariff fears, while Shanghai Au9999 volumes jumped 18% week-on-week due to fervent domestic buying.

Golds Next Targets: Watch These Pivots

Gold holds firm above its 25-day moving average at $4,250, currently targeting $4,300 with $4,280 resistance in sight. Investors are closely watching several upcoming catalysts, including Chinas trade data, the Eurozone CPI with an expected reading of 2.3%, and the latest Michigan consumer sentiment figures.

Upway Global: At the Forefront of Gold Trading Market Excellence

As an elite member of the Hong Kong Gold Exchange with AA operation status (Membership No. 084) and a core member of the Bullion Group, Upway Global was recently awarded the prestigious Authorised Good Delivery Bars Minter certification. This represents the highest standard in the refining and delivery of physical gold bars, confirming its capability to produce gold bars that meet stringent international purity and quality standards.

Demonstrating robust market strength, Upway Global’s daily transaction volume recently surpassed USD 80 billion, setting a record and underscoring its role as a market leader. With over 1.2 million active traders and a cumulative order volume exceeding 600 million, the company continues to foster a trading ecosystem characterized by transparency, security, and efficiency. Furthermore, its average monthly trading volume in 2025 exceeded USD 597 billion, securing its position as the top performer on the HKGX platform.