Financial storm — Why investors are turning to gold
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The global financial market is once again showing instability, forcing investors to look for safe-haven assets. Gold, an eternal symbol of stability and security, has once again become the focus of investor attention. The price of the precious metal has risen significantly in response to a number of factors creating uncertainty in the global markets. —
According to Reuters, on March 10th, the price of gold rose 0.1% to $2,914.00 per ounce. US gold futures rose 0.2% to $2,920.10.
The rise in the price of the precious metal was driven by several factors, including a weakening US dollar, geopolitical risks and growing demand for safe-haven assets.
Weaken dollar pushes gold up
One of the main drivers of the rise in gold prices has been the weakening of the US dollar. The currency is showing instability amid fears of a possible recession and inconsistent economic policies.
On March 9, US President Donald Trump imposed new tariffs on imports from Mexico, Canada and China, causing panic in the financial markets. Despite the administration's attempts to reassure investors, stock markets showed negative momentum and the dollar weakened.
This situation has made gold a more attractive asset for investors seeking to preserve their capital in the face of uncertainty.
The Fed's policy: Should we expect new decisions?
Another key factor affecting the precious metals market is the Federal Reserve's monetary policy. Investors are waiting for possible changes in interest rates, which could affect the future value of the dollar and therefore the price of gold.
If the Fed signals a rate cut, it will further weaken the US currency, pushing gold prices higher.
What is happening to other precious metals?
Against the backdrop of rising gold prices, other precious metals are showing mixed results:
- spot silver is down 0.2% at $32.45 an ounce;
- platinum was stable at $963.37;
- palladium is also showing no significant changes and is trading at $948.64 an ounce.
Despite the fact that gold is currently the most attractive asset for investors, the situation in the precious metals market remains dynamic.
Forecasts: Whether to expect new records
Analysts agree that the price of gold could continue to rise amid growing economic instability. If the market continues to react to negative factors such as geopolitical tensions, dollar weakness and trade wars, the price of gold could surpass new record highs.
Investors should keep a close eye on the Fed's actions, macroeconomic indicators and the situation in the currency market, as these factors will determine the future direction of gold.
As a reminder, we wrote that for the first time in a decade, private equity fund assets under management began to decline. Even during the financial crisis of 2008, the industry continued to grow.
Earlier, we wrote about trends for investors — which assets are the best in 2025.
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