Select Language

Gold price rise buoyed by strong investor interest - Commerzbank

Breaking news

Gold price rise buoyed by strong investor interest - Commerzbank

  • X
  • facebook
  • LINE
  • RSS

  • X
  • facebook
  • LINE
  • RSS
New update 2025.03.25 23:24
Gold price rise buoyed by strong investor interest - Commerzbank

update 2025.03.25 23:24

The Gold price rise to a record high of $3,057 per troy ounce last week was strongly buoyed by strong buying interest from investors, Commerzbank's commodity analyst Carsten Fritsch reports. 

Gold ETFs have been very popular of late

"According to the CFTC, speculative net long positions rose strongly for the first time in two months in the last reporting week. Gold ETFs have also been very popular of late. The world's largest and most liquid Gold ETF recorded inflows on eight of the last nine trading days up to and including Friday." 

"On Friday, an increase of more than 20 tons in the holdings of the aforementioned ETF was reported, which corresponded to the strongest daily inflow in a month. Yesterday, there were slight outflows for the first time in ten days, which is likely related to better-than-expected US economic data and a resulting reduction in Fed rate cut expectations."


Date

Created

 : 2025.03.25

Update

Last updated

 : 2025.03.25

Related articles


Show more

FXStreet

Financial media

arrow
FXStreet

FXStreet is a forex information website, delivering market analysis and news articles 24/7.
It features a number of articles contributed by well-known analysts, in addition to the ones by its editorial team.
Founded in 2000 by Francesc Riverola, a Spanish economist, it has grown to become a world-renowned information website.

Was this article helpful?

We hope you find this article useful. Any comments or suggestions will be greatly appreciated.  
We are also looking for writers with extensive experience in forex and crypto to join us.

please contact us at [email protected].

Thank you for your feedback.
Thank you for your feedback.

Most viewed

Gold ends week higher despite Powell's pushback, trade uncertainty lingers

 Gold prices are set to end the week on a positive note, up by over 2.79% as the precious metal enjoyed a $90 US Dollar rally due to the latter weakness sponsored by uncertainty about global trade. At the time of writing, XAU/USD trades at $3,326.
update2025.04.19 00:46

EUR/USD climbs as US Dollar weakens on trade tensions

The Euro advances against the US Dollar in muted trading, as financial markets are closed on Good Friday. At the time of writing, the EUR/USD trades at 1.1385, up 0.21%, lacking the strength to break the elusive 1.14 mark.
update2025.04.18 23:50

Silver price today: Silver broadly unchanged, according to FXStreet data

Silver prices (XAG/USD) broadly unchanged on Friday, according to FXStreet data.
update2025.04.18 18:30

ECB's Muller: Rates no longer a constraint on economic activity

European Central Bank (ECB) policymaker Madis Muller explained on Friday that their decision to cut key rates by 25 basis points at the April policy meeting was supported by the drop in energy prices, and tariffs.
update2025.04.18 17:28

ECB's Villeroy: Inflation risk from trade tensions seems weak

European Central Bank (ECB) policymaker Francois Villeroy de Galhau said on Friday that the inflation risk from trade tensions seems weak and could even be downward, per Reuters.
update2025.04.18 16:41

AUD/JPY trades below 91.00 as Japan's core inflation rises in March

AUD/JPY retraces its recent gains from the previous session, trading around 90.80 during the European hours on Friday. The currency cross remains under pressure as the Australian Dollar (AUD) weakens in light trading, with local markets closed for the Good Friday holiday.
update2025.04.18 16:38

Forex Today: Markets stabilize as trading volume thins out on Easter Friday

Here is what you need to know on Friday, April 18:
update2025.04.18 16:32

US Dollar Index hovers near 99.50 as trading activity remains muted due to Good Friday

The US Dollar Index (DXY), which measures the US Dollar (USD) against a basket of six major currencies, is remaining below 99.50 during the early European hours on Friday. The Greenback remains subdued amid growing concerns over the economic impact of tariffs on the United States (US).
update2025.04.18 16:08

EUR/JPY holds steady above 161.50 amid thin trading volume on Good Friday

The EUR/JPY cross trades flat near 161.85 during the early European session on Friday. US President Donald Trump's trade war remains a source of deep uncertainty. However, Trump on Thursday offered some encouraging signals that negotiations with other countries could lead to lower tariffs.
update2025.04.18 15:52

USD/JPY Price Analysis: Holds losses below 142.50, support appears at seven-month lows

USD/JPY inches lower after registering gains in the previous session, trading around 142.40 during the Asian session on Friday. An analysis of the daily chart showed the pair moves downward within a descending channel, indicating a confirmed bearish bias.
update2025.04.18 15:45

Disclaimer:arw

All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment. Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein.

The content provided on this website belongs to Myforex and, where stated, the relevant licensors. All rights are reserved by Myforex and the relevant licensors, and no content of this website, whether in full or in part, shall be copied or displayed elsewhere without the explicit written permission of the relevant copyright holder. If you wish to use any part of the content provided on this website, please ensure that you contact Myforex.

  • Facebook
  • Twitter
  • LINE

Myforex uses cookies to improve the convenience and functionality of this website. This website may include cookies not only by us but also by third parties (advertisers, log analysts, etc.) for the purpose of tracking the activities of users. Cookie policy

I agree
share
Share
Cancel