• Price Change DOWN Icon Gold $4,002.00 -106.00
  • Price Change DOWN Icon Silver $57.62 -2.08
  • Price Change DOWN Icon Platinum $1,603.00 -26.00
  • Price Change DOWN Icon Palladium $1,254.00 -26.00
Precious Metals & Values
June 5, 2025

In the past difficult decade, what investment was up nine straight years?

Bloomberg, by Pham-Duy Nguyen & Nicholas Larkin in
Share On Social Media

”Gold rose in New York, rebounding from a one-month low, on speculation that a weaker dollar will boost the appeal of the precious metal as an alternative investment.

The dollar has been little changed against a basket of six major currencies for three sessions since reaching a five-month high last week.  Before today, gold gained 27 percent in the past year as the dollar dropped 8.5 percent.

‘The dollar is giving traders a green light to buy gold,’ said Frank Lesh, a trader at FuturePath Trading LLC in Chicago.  ‘The market is going to be range-bound until we get more clarity on interest rates and the direction of the dollar.’

Gold futures for February delivery rose $6.30, or 0.6 percent, to $1,096 an ounce at 10:43 a.m. on the New York Mercantile Exchange’s Comex unit.  Prices touched $1,081.90 on Jan. 22, the lowest level since Dec. 23.

In 2009, gold rallied for a ninth straight year as the Federal Reserve kept interest rates near zero percent to revive growth, driving the dollar lower.”

*This information is solely an excerpt of a third-party publication and is incomplete. Please subscribe to the referenced publication for the full article. This is not an offer to buy or sell precious metals. Investors should obtain advice based on their own individual circumstances and understand the risk before making any investment decision.

is rated Excellent 3,967 reviews
Get Your Free Report
Anchors in a Shifting World
All form fields are required *
Thank You

Want your kit sooner?

Faster delivery
is available by phone.

800-444-8317

Download Your Report
FREE REPORT OFFER
90% Silver Coin Bags at Spot
Thank You
Please check your email for a confirmation link and Free Report!
Speak to a Representative Now
I agree to receive news and promotional material from this website and understand I can cancel at any time.Privacy Policy
FREE REPORT OFFER
Anchors in a Shifting World
Thank You
Please check your email for a confirmation link and Free Report!
Speak to a Representative Now
I agree to receive news and promotional material from this website and understand I can cancel at any time.Privacy Policy

Ready to invest?

Speak with a Monex specialist now for live pricing, professional guidance, and exclusive offers.
OR
download
Get Your Free Report

Enter your phone number to be connected to a Monex Account Representative.

Thank You
Want your kit sooner?

Faster delivery is

available by phone.

800-444-8317
All form fields are required *
Embed Spot Prices!
Copy and paste code below wherever you want your table displayed.
Copied to clipboard
Embed This Chart!
Copy and paste code below wherever you want your chart displayed.
Copied to clipboard