[Regnum] The price of gold futures for December 2025 delivery on the Comex exchange reached a record $4,150 per troy ounce, according to trading platform data.
At its peak, the precious metal's price rose 1.97%. However, shortly after reaching a new high, price momentum slowed. By 3:06 AM Moscow time, the futures contract was trading at $4,138.1 per ounce, maintaining a significant gain of 1.68% for the session.
The previous record high for gold prices was recorded in April 2024.
Analysts are confident that the yellow metal has potential for further growth. The deteriorating geopolitical situation and the Federal Reserve's tight monetary policy are cited as reasons. Since the beginning of 2025, gold has already risen in price by more than 45%. This impressive surge was made possible by record demand from global central banks and the easing of monetary policy by the Federal Reserve, which has already begun cutting interest rates.
It was previously reported that the exchange price of gold had set a record high, reaching $3,750 per ounce. Russia's international reserves also recorded a record increase for the week of September 12–19, increasing by $7.5 billion and reaching a new all-time high.
Later, according to data from September 29, December gold futures rose by 1% and set a new record, reaching $3,847 per ounce.