• Price Change DOWN Icon Gold $3,988.00 -34.00
  • Price Change DOWN Icon Silver $58.01 -0.52
  • Price Change DOWN Icon Platinum $1,546.00 -43.00
  • Price Change DOWN Icon Palladium $1,187.00 -45.00
Why Buy Precious Metals
July 7, 2025

Is gold rising as traders await clues on U.S. Interest Rates?

From Joseph Hoppe in 2/20 Barron’s.com in
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“Gold prices were pulling ahead in anticipation of Fed minutes on Wednesday, while base metals remained mixed.

Gold was up 0.4% at $2,032.4 a troy ounce. The precious metal has generally held above the $2,000 an ounce mark so far this week, with the market waiting for clues on the outlook for U.S. interest rates, ING analysts said in a research note.

The Fed is set to release the minutes of its recent meeting on Wednesday. “We believe Fed policy will remain key to the outlook for gold prices in the months ahead. Higher borrowing costs are typically negative for gold,” ING said. Aluminum was down 0.5% at $2,186 a ton, while copper was up 0.2% at $8,442.0 a ton.”

*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.

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