Gold - Overview as of 05.06.2025

Financial and commodity markets analytics


Gold prices remain stable, reflecting the growing uncertainty amid economic and political risks. The metal was supported by weak data on the U.S. economy, rising costs and the Fed's statements on slowing activity. In addition, another call by Trump to cut rates intensified interest in gold as a safe haven asset, putting pressure on the value of the US dollar against other assets. The market is also feeling cautious ahead of the release of the employment report, which may affect the dynamics of the dollar and rate expectations.