- The research also emphasizes the fact that the Federal Reserve is expected to make an interest rate decision on September 17, which may possibly catalyze more gains.
- The latest breakthrough in the gold price indicates that it may be a possible change from the previous height in April.
A new one Bybit x Fxstreet Tradfi Report has been released Villagewhich is the world’s second largest cryptocurrency exchange in terms of trade volume. This comes at a time when speculation if a lowering of interest rates ignites a bull drive for gold and silver. An analysis shows Gold’s record high of $ 3,508 per ounce and silver 40% year to date explosion. The research also emphasizes the fact that the Federal Reserve is expected to make an interest rate decision on September 17, which may be able to catalyze more profits as gold approaches the level of $ 4,000.
Key -insight
The price of gold reaches a new record high 2025, which gets a new momentum: the latest breakthrough in the gold price indicates that there may be a possible change from the previous height in April, which was driven by anxiety about customs, to basic based speed before Federal Reserve’s estimated interest enhancements. When the capital moves away from banks and bonds and to alternative detention with value, non-returning assets as precious metal become more appealing. This is because lower interest rates and a weaker currency both contribute to this trend. In addition, the attraction of gold is strengthened as a safe sanctuary and a hedge against currency depreciation of macroeconomic issues such as the growing global debt, the financial deficit and financial problems for inflation.
Source: Tradingview
The classic gold/silver ratio is currently 86, which is significantly higher than the 32 ratio that existed when silver reached its highest time of $ 50 in April 2011. This indicates that gold is relatively expensive in comparison with silver, which creates a significant potential for upward when these wide spreads have historically decreased with time. Silver has silently distinguished itself with an increase of 40%, and it offers additional opportunities for development as it remains longer behind its maximum time of $ 50 per ounce, as it reached in 2011.
The current RSI (relative Strength index) is above the 68 area, but it is still below 83 and 88 levels for gold and silver, respectively, under previous rally. This indicates that the strength of the market is expected to continue. As a possible basic event that can lead to breakthroughs, the report identifies the next decision that the Federal Reserve will make.
Gold is estimated to reach $ 4,000 at the end of the year, which would be an extra 14% increase from its current cost, according to the report’s medium term. There is a possibility that increased retail and speculative interest in silver can be triggered if the price of silver breaks over the psychologically significant $ 50 brand.
