… the price of gold falls of $ 100.
Today, Thursday 01/05/2025, at 3:26 p.m., in Londonthe analysis of the increase in investments and gold trade in China is now considered as a click bait generated by artificial intelligence, prices for the regulation in London – which remains the hub for trade and storage of gold in the world – have dropped 50 dollars in the night before losing as much in morning exchanges, falling up to 3203 dollars.
The Reuters news agency reports that 29 analysts and traders, interviewed on their latest goldencies in the gold price for the end of 2025, increased their forecasts by more than 11 % on average compared to three months ago, reaching 3065 dollars per ounce of gold.
“The fortune of gold will continue to depend on the bad luck of other markets,” said one of the respondents.
However, while the stock markets of the rich countries dropped Thursday for the first time in 8 sessions on the MSCI World index, the Golden Lingot has reached 2 weeks in dollars and euros at € 2830, as well as the 3 weeks of 3 weeks in sterling pounds at £ 2404.
The gold then increased by almost 1.0 % when the new York stock markets opened up sharply following the unexpected quarterly benefits of the Microsoft and Meta technology.
Brut oil has reached its lowest level in 4 years under the 60 dollars per barrel of Brent and the money reached its lowest level in 3 weeks to 30 cents under 32 dollars perce before going back to 32.50 dollars.
Copper, industrial metal, has retained its 4.3 % drop in yesterday, following the announcement of a drop of 0.3 % at an annual rate of American economic production in the first quarter of this year, before President Trump announced a sharp increase in customs duties on imports.
“Price risks persist [sur l’or] Since the physical market flickering and the flows of central banks – although positive – slow down, “said World Bank Suki Cooper analyst and the London Gold Market content Chartered.
Physical demand has decreased, “recognizes analyst Rhona O’Connell from the Stonex brokerage house,” but [en temps voulu] It will adjust to higher prices “.
“Volatility is more an enemy of demand than absolute levels.
This week’s Hindu Festival, Akshaya Tritiya, saw gold sales in India, the second consumer country, falling compared to last year, according to the Times of India, the jewelers of Ahmedabad having sold “a meager 50 kg on Tuesday, which contrasts strongly with the 150 kg bought on the same day in 2024”.
From January to March, the Indian Gold jewelry demand has already dropped more than a quarter in weight compared to the previous year, according to the new Gold Demand Trends report published yesterday by the World Gold Council, the organization of the mining industry.
On the other hand, the Indian demand for parts and small gold bars increased by 7.1 % compared to the first quarter of 2024 and is 25.0 % above the first quarter of the last five years.
Chinese households investing in parts and gold bars rather than in jewelry, retail gold investment products represent almost 2/5th of the total demand for Indian households in the first quarter, the highest proportion since the collapse of the price of gold worldwide in the second quarter of 2013 led to almost unprecedented massive purchases.
Best investment strategy in gold: it’s not gold coins!
How to detect a scam on gold