Gold - Overview as of 18.02.2025

Financial and commodity markets analytics


Yesterday, the efforts of buyers in the gold market looked weak. On the background of against the background of the declining US dollar, the price of metal could not resume growth. However, a day later the situation changed. The dollar began the day with strengthening against other currencies, as evidenced by the growth of its index. At the same time At the same time, even against the backdrop of a strengthening U.S. dollar, gold prices resumed growth. This picture may indicate an increased demand for safe assets and a high level of uncertainty. safe assets and the high overall level of uncertainty against the background of current events. events. Technically, there is a high probability of updating the previously reached maximum price.