• Sun, Mar 1, 2026|
  • JKT --:--
  • TKY --:--
  • HK --:--
  • NY --:--
 TOP NEWS

Indonesia News Portal for Traders | Financial & Business Updates

15 October 2025 08:03  |

Gold is approaching a record high!

On Wednesday, the Asian session saw gold prices trading around $4,166, driven by expectations of falling US bond yields following Jerome Powell's signal of a 25 bps interest rate cut this month, boosting appetite for zero-coupon assets like gold and lowering US yields, while US-China tensions maintained demand for safe-haven assets.

Furthermore, the market is wary of the Section 232 outcome (potential tariffs on crucial minerals). (asd)

At the time of writing, gold prices were at $4,166

- Buy if the price moves within $4,171

- Sell if the price moves within $4,161

 

Resistance 2: $4,181

Resistance 1: $4,176

 

Support 1: $4,156

Support 2: $4,151

Disclaimer: This article is analytical in nature and not a definitive reference. Please consider fundamental and technical developments in trading before making any investment decisions.

Source: Newsmaker.id

Related News

MARKET ANALISYS

Gold Prices Steady Ahead of US CPI Data

Gold prices rose on Wednesday (15/1) as the US dollar and Treasury yields weakened, while market participants awaited US infl...

15 January 2025 17:15
MARKET ANALISYS

Silver Pressured as Dollar Strengthens

Silver prices on Tuesday (5/27), pressured by a stronger U.S. dollar and easing demand for safe-haven assets. The dollar rebo...

28 May 2025 01:47
MARKET ANALISYS

Silver prices fall amid positive risk sentiment

Silver prices traded with a negative bias for the third straight day, despite lacking any bearish conviction during the Asian...

30 April 2025 13:00
MARKET ANALISYS

Silver Trades Stagnant as US Dollar Rebounds

Silver (XAG/USD) prices edged lower, the white metal facing pressure as the US Dollar (USD) rallied strongly after President ...

22 January 2025 01:49
BIAS23.com NM23 Ai