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Metals: gold crosses the $3600 per ounce level

08/09/2025
Source : ORISHAS FINANCE
Categories: Raw materials

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The ounce of gold was propelled to a new high Monday, surpassing 3600 dollars.

Shortly after 16:00, the yellow metal showed a new record at 3637.18 dollars. A commentary from the Trading Economics platform indicates that gold has reached a new record, “in a Paris context Increases on a rate cut by the US Federal Reserve (Fed) this month, following the publication of a report on American employment disappointing”.

The economy of the country led by Donald Trump created fewer jobs than expected in August, only 22,000 positions when 75,000 were expected, after 79,000 in July (revised figure).

Trading Economics points out that the gold price has jumped by more than 37% since the start of the year, supported by the weakness of dollar but also by sustained purchases by central banks, such as that of China, which increased its precious metal reserves for the tenth month consecutive.

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