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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 117

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Gold prices powered higher this week, with spot gold peaking at $4285/oz before settling at $4242-$4250—a 2.5% gain breaking $4250 resistance—while XAGUSD silver hit a record year-high of $63.25, up over 2% amid the same macro tailwinds. The rally stemmed from the Feds rate cut, weak non-farm payrolls, and robust global/ETF demand, as spot gold bounced from $4200 support with a 1.8% post-FOMC surge on soft ADP/ISM data. Strong $4200-$4250 support and MACD bullish cross target $4310 ahead, while Shanghai gold averaged RMB 540/g, COMEX Dec futures closed at $4248.30/oz, and silvers breakout reflects parallel safe-haven flows.

Fed Policy Impact

The Federal Reserve executed a 25-basis point rate cut on 10th December, dropping the federal funds target range to 3.50%-3.75%—its third straight cut and lowest since 2022—via a divided FOMC vote that signaled a hawkish stance despite the easing. Chair Powell cited cooling labor markets, with softer job gains, rising unemployment, and JOLTs vacancies at 8.1 million, plus inflation approaching 2%, to justify avoiding over-tightening while emphasizing data-driven future moves. This "hawkish cut" bolsters golds surge through lower real yields, though tempered 2026 guidance curbs aggressive easing bets, with the dot plot eyeing a slower path and year-end targets at $4400 amid rising manufacturing costs flagged by officials like Williams and Waller.

Macro Drivers

November CPI core rose 0.2% MoM in line with forecasts, supporting gradual Fed easing as services inflation eases but lingers, while global central banks piled on 1320 tonnes YTD with China adding 28t and India 22t in November alone. SPDR Gold Shares saw 45t inflows amid Middle East tensions and Trump tariff fears, countering a 0.8% DXY climb to 105.2, as Shanghai Au9999 volumes jumped 18% week-on-week on fervent domestic buying.

Golds Next Targets: Watch These Pivots

Gold holds firm above its 25-day MA at $4250, targeting $4300 with $4280 resistance in sight, though DXY breaking 106 could pull it back to $4200 support. Key catalysts ahead include Chinas trade/FX reserves today (Dec 12), Eurozone CPI tomorrow (Dec 13, exp. 2.3%), and Michigan consumer sentiment (Dec 14).

Upway Global: At the Forefront of Gold Trading and Market Excellence

As one of the elite members of the Hong Kong Gold Exchange (HKGX) 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—the highest standard in refining and delivery of physical gold bars, confirming its capability to produce gold bars that meet international purity and quality standards. This recognition signifies Upway Global’s commitment to upholding industry-leading professionalism and integrity while reinforcing Hong Kong’s position as Asia’s global gold trading hub.

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, Upway Global continues to foster a trading ecosystem characterised by transparency, security, and efficiency. The company’s average monthly trading volume in 2025 exceeded USD 597 billion, making it the top performer on the HKGX platform.