Gold Market Update: October 18, 2025
Hey folks, as we wrap up the trading week, gold (XAU/USD) is holding steady at around $4,250 per ounce amid a quiet weekend close markets are shut today and tomorrow for non trading days.
yesterday’s session saw a slight dip to $4,250.59, down 1.8% from the prior day, but don’t let that fool you:
the yellow metal’s up a whopping 16.65% over the past month and a stellar 56.2% year over year, fueled by escalating U.S. China trade tensions (thanks, 100% tariffs incoming) and bets on Fed rate cuts.
looking ahead, HSBC just bumped their 2025 average forecast to $3,455/oz,with eyes on $5,000 by 2026 as safe-haven demand surges.
central banks are hoarding, ETFs are flowing in, and geopolitical jitters are keeping the rally alive.
silver’s tagging along too, hitting a record $52.12 earlier this week.
if you’re stacking bars or just watching, this bull run shows no signs of slowing stay tuned for Monday’s open!
what’s your take?