{"id":31248,"date":"2025-09-25T08:49:19","date_gmt":"2025-09-25T08:49:19","guid":{"rendered":"https:\/\/www.vtmarkets.com\/?p=31248"},"modified":"2025-09-25T08:49:19","modified_gmt":"2025-09-25T08:49:19","slug":"gold-holds-near-record-highs-on-steady-demand","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/sv-eu\/analysis\/gold-holds-near-record-highs-on-steady-demand\/","title":{"rendered":"Gold Holds Near Record Highs on Steady Demand"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"559\" src=\"https:\/\/www.vtmarkets.com\/sv\/wp-content\/uploads\/sites\/10\/2025\/04\/download-15-1024x559.png\" alt=\"\" class=\"wp-image-20104\" srcset=\"https:\/\/www.vtmarkets.com\/sv-eu\/wp-content\/uploads\/sites\/10\/2025\/04\/download-15-1024x559.png 1024w, https:\/\/www.vtmarkets.com\/sv-eu\/wp-content\/uploads\/sites\/10\/2025\/04\/download-15-300x164.png 300w, https:\/\/www.vtmarkets.com\/sv-eu\/wp-content\/uploads\/sites\/10\/2025\/04\/download-15-768x419.png 768w, https:\/\/www.vtmarkets.com\/sv-eu\/wp-content\/uploads\/sites\/10\/2025\/04\/download-15.png 1408w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><strong>Key Points<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Gold steadied at $3,756\/oz<\/strong>, just shy of this week\u2019s record high.<\/li>\n\n\n\n<li>Prices have risen <strong>1.8% so far this week<\/strong>, supported by Fed cut expectations.<\/li>\n\n\n\n<li>Reports suggest <strong>China may expand its role<\/strong> as custodian of foreign sovereign gold reserves.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-dots\" \/>\n\n\n\n<p>Gold continues to trade with a firm tone, consolidating near record territory as investors weigh the Federal Reserve\u2019s easing path against persistent global risks.<\/p>\n\n\n\n<p>Demand for bullion remains strong, with the metal gaining nearly <strong>2% this week<\/strong> amid expectations of back-to-back Fed cuts in the coming months.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">Gold traded just below a record after a three-day advance, as investors assessed a raft of commentary from Federal Reserve policymakers including Chair Jerome Powell, and geopolitical tensions over Russia <a href=\"https:\/\/t.co\/i046kbXl0H\">https:\/\/t.co\/i046kbXl0H<\/a><\/p>&mdash; Bloomberg (@business) <a href=\"https:\/\/twitter.com\/business\/status\/1970645629710876911?ref_src=twsrc%5Etfw\">September 24, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>The focus now shifts to <strong>US PCE inflation data on Friday<\/strong>, alongside scheduled remarks from Fed officials.<\/p>\n\n\n\n<p>A softer inflation print would reinforce market expectations for a deeper easing cycle, while <a href=\"https:\/\/t.co\/cC0dLuXX3l\" target=\"_blank\" rel=\"noopener\" title=\"\">hawkish commentary<\/a> could temper recent momentum.<\/p>\n\n\n\n<p>Adding to the bullish narrative, reports from Bloomberg highlight China\u2019s push to expand its role in the global bullion market by offering custody of foreign sovereign reserves.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">Exclusive: China is campaigning to convince central banks in friendly nations to store some of their gold reserves in the country <a href=\"https:\/\/t.co\/m5KGgKPVB6\">https:\/\/t.co\/m5KGgKPVB6<\/a><\/p>&mdash; Bloomberg (@business) <a href=\"https:\/\/twitter.com\/business\/status\/1970402914578403608?ref_src=twsrc%5Etfw\">September 23, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>Such a move could further underpin structural demand for gold, strengthening its status as a reserve asset.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">Technical Analysis<\/h2>\n\n\n\n<p>Gold (<strong>XAU\/USD<\/strong>) continues its strong bullish run, now trading at <strong>$3756.65<\/strong>, up <strong>0.54%<\/strong> on the day. The rally shows little sign of slowing as buyers push further into uncharted territory, building on the breakout from the <strong>$3600<\/strong> region earlier this month.<\/p>\n\n\n\n<p>The moving averages (5, 10, 30) remain in a firm bullish alignment, with short-term MAs sharply above the long-term line, confirming strong upward momentum.<\/p>\n\n\n\n<p>The <strong>MACD histogram stays positive<\/strong>, while the lines are comfortably above the zero level, showing bullish dominance despite minor cooling signals.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"446\" src=\"https:\/\/www.vtmarkets.com\/sv\/wp-content\/uploads\/sites\/10\/2025\/09\/image-28-1024x446.jpeg\" alt=\"\" class=\"wp-image-31249\" srcset=\"https:\/\/www.vtmarkets.com\/sv-eu\/wp-content\/uploads\/sites\/10\/2025\/09\/image-28-1024x446.jpeg 1024w, https:\/\/www.vtmarkets.com\/sv-eu\/wp-content\/uploads\/sites\/10\/2025\/09\/image-28-300x131.jpeg 300w, https:\/\/www.vtmarkets.com\/sv-eu\/wp-content\/uploads\/sites\/10\/2025\/09\/image-28-768x334.jpeg 768w, https:\/\/www.vtmarkets.com\/sv-eu\/wp-content\/uploads\/sites\/10\/2025\/09\/image-28.jpeg 1080w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>Immediate resistance is now being tested around <strong>$3760\u20133780<\/strong>, with a potential extension toward <strong>$3800<\/strong> if momentum continues.<\/p>\n\n\n\n<p>On the downside, initial support lies near <strong>$3700<\/strong>, followed by <strong>$3600<\/strong>, the breakout zone that has now turned into a strong base for bulls.<\/p>\n\n\n\n<p>Overall, sentiment on gold remains decisively bullish. However, after such a steep climb, some consolidation or profit-taking is possible.<\/p>\n\n\n\n<p>As long as price action holds above <strong>$3600<\/strong>, the bullish structure is intact, and dips may continue to attract buyers.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">Cautious Forecast<\/h2>\n\n\n\n<p>The balance of risks remains skewed to the upside. If <a href=\"https:\/\/www.bea.gov\/data\/personal-consumption-expenditures-price-index\" target=\"_blank\" rel=\"noopener\" title=\"\">Friday\u2019s PCE data<\/a> confirms a soft inflation outlook, gold could retest and potentially break above the <strong>$3,770 record high<\/strong>.<\/p>\n\n\n\n<p>However, any hawkish pushback from Fed officials may trigger short-term profit-taking, with downside limited toward <strong>$3,600\u20133,650<\/strong>.<\/p>\n\n\n\n<p><strong><a href=\"https:\/\/www.vtmarkets.com\/trade-now\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Create your live VT Markets account<\/a> and <a href=\"https:\/\/myaccount.vtmarkets.com\/login?_gl=1*d96fp5*_gcl_au*Njc1MzM0NjY0LjE3NTEzNTM4MTc.*_ga*MjA5ODA0NDIzNC4xNzI3OTE1ODQ1*_ga_J26NL1ZVX7*czE3NTczOTYxNzckbzgzJGcwJHQxNzU3Mzk2MTc3JGo2MCRsMCRoMA..*_ga_6XQ8153GYW*czE3NTczODczODQkbzE4MyRnMCR0MTc1NzM4NzM4NCRqNjAkbDAkaDA.*_ga_BG6LYEHPX1*czE3NTczODczODQkbzEzMSRnMCR0MTc1NzM4NzM4NCRqNjAkbDAkaDA.*_ga_7CG6454YR5*czE3NTczODczODQkbzEzMSRnMCR0MTc1NzM4NzM4NCRqNjAkbDAkaDA.*_ga_J8BRGZSREX*czE3NTczODczODUkbzEzMSRnMCR0MTc1NzM4NzM4NSRqNjAkbDAkaDA.*_ga_69Z54R4H9N*czE3NTczODczODYkbzEzMSRnMCR0MTc1NzM4NzM4NiRqNjAkbDAkaDA.*_ga_CY2VCKFC3C*czE3NTczODczODYkbzEzMSRnMCR0MTc1NzM4NzM4NiRqNjAkbDAkaDA.*_ga_TXZ07R2C21*czE3NTczODczODYkbzEzMSRnMCR0MTc1NzM4NzM4NiRqNjAkbDAkaDA.*_ga_17TMGY9BBE*czE3NTczODczODgkbzEzMCRnMCR0MTc1NzM4NzM4OCRqNjAkbDAkaDA.*_ga_2QCC3S2748*czE3NTczODczODgkbzEyOSRnMCR0MTc1NzM4NzM4OCRqNjAkbDAkaDA.*_ga_MWDVVSEVL5*czE3NTczODczODgkbzEyOSRnMCR0MTc1NzM4NzM4OCRqNjAkbDAkaDA.*_ga_EJCVQDC7VT*czE3NTczODczODkkbzEyNSRnMCR0MTc1NzM4NzM4OSRqNjAkbDAkaDA.*_ga_XJ4037XKK6*czE3NTczODczOTEkbzEyNCRnMCR0MTc1NzM4NzM5MSRqNjAkbDAkaDA.*_ga_E7D2PCX624*czE3NTczODczOTEkbzEyMyRnMCR0MTc1NzM4NzM5MSRqNjAkbDAkaDA.\" target=\"_blank\" rel=\"noopener\" title=\"\">start trading<\/a> now.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold prices consolidate around $3,750 per ounce, supported by rate-cut bets, global risk, and central bank demand. &#8211; vtmarkets.com<\/p>\n","protected":false},"author":5,"featured_media":20104,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[21],"tags":[11],"class_list":["post-31248","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis","tag-gold"],"acf":{"acf_article_selection_author":""},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/sv-eu\/wp-json\/wp\/v2\/posts\/31248","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/sv-eu\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/sv-eu\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/sv-eu\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/sv-eu\/wp-json\/wp\/v2\/comments?post=31248"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/sv-eu\/wp-json\/wp\/v2\/posts\/31248\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/sv-eu\/wp-json\/wp\/v2\/media\/20104"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/sv-eu\/wp-json\/wp\/v2\/media?parent=31248"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/sv-eu\/wp-json\/wp\/v2\/categories?post=31248"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/sv-eu\/wp-json\/wp\/v2\/tags?post=31248"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}