World gold prices continued to maintain at a record high on the morning of December 14, in the context of a weakening USD and the expectation of a loose monetary policy by the US Federal Reserve (Fed) was still maintained.
According to data from Kitco, spot gold prices reached 4,300.4 USD/ounce, up 0.43% compared to the previous session. Comex gold futures are trading around $4,328 an ounce, trading between $4,286 and $4,388 an ounce.
Gold's rally was supported by the Fed's decision to cut interest rates by 0.25 percentage points last week. This is the fourth interest rate adjustment in 2025, in response to the slow growth trend and the gradually stabilizing inflation rate. The rate cut has caused the opportunity cost of holding gold to decrease, while the US dollar has weakened, contributing to strengthening the attractiveness of the precious metal.
According to analysts, this development shows that investors' psychology of finding safe assets is still strong. In a period of fluctuations in the global financial market, gold is often considered a more stable investment channel than risky assets. In addition, falling US Treasury yields are also a factor supporting the short-term uptrend of gold.
Many international financial institutions predict that gold prices could approach the $4,400/ounce mark if the Fed continues to cut interest rates next year. However, this increase also depends on US economic data released in the coming time, especially indicators of inflation and employment - factors that directly affect monetary policy decisions.
Reuters experts say that in the short term, gold is likely to hold the high price zone if the USD continues to weaken and bond yields remain low. However, the market may still see technical adjustments as investors take profits after a long period of increase.
Some analysts also note that the remaining high gold price shows that safe-haven demand is still dominating, but there is no sign of a strong wave of speculation in the market. Most of the current transactions are concentrated in the group of institutional investors, with risk-off strategies before the transition period of the global currency cycle.
Since the beginning of December, gold prices have increased by more than 5%, marking the longest increase since the beginning of the year. This development contributes to strengthening gold's position as a stable investment channel in the context of many other markets fluctuating.
Experts recommend that investors should closely monitor the statements of the Fed leaders and important economic data released next week. This will be the basis for assessing interest rate trends as well as gold price prospects in the last weeks of 2025.
