- Gold reaches inflation-adjusted peak, driven by economic concerns.
- Potential rise to $4,000-$5,000 per ounce forecasted.
- Increased central bank buying signals ongoing gold accumulation.
Gold reached a new high of $3,674.27 per ounce in September, surpassing its inflation-adjusted peak from 1980, amidst concerns about U.S. economic stability and dollar weakness.
The rise strengthens gold’s role as a hedge against inflation and currency depreciation, influencing investor behavior and potentially impacting related crypto assets like gold-backed tokens.
$3,674.27 Gold Price Hits Historic High, Global Reactions Follow
Gold has reached a historic high, with spot prices hitting $3,674.27 per ounce. Central banks, specifically the People’s Bank of China, have boosted holdings due to currency risks. The event emphasizes gold’s safe-haven appeal amidst uncertainty in US economic outlook.
The increasing concerns about US economic stability have driven this surge, with anticipated Federal Reserve rate cuts adding to the appeal of gold. The weakening dollar and rising demand for stability are key factors in this development.
“We remain deeply convinced of a continued structural bull case for gold and raise our price targets accordingly,” – Natasha Kaneva, Head of Global Commodities Strategy, J.P. Morgan.
Market reaction has been significant, with analysts predicting further gains. Natasha Kaneva from J.P. Morgan highlights continued bullish prospects for gold. Despite no direct statements from major crypto influencers, the indirect effects are apparent as investors seek refuge in stable assets like gold.
Gold Takes Center Stage: Price Data, Historical Peaks, and Analysis
Did you know? In 1980, gold’s previous inflation-adjusted peak was $3,590, making the current $3,674.27 an unprecedented high.
PAX Gold (PAXG) is currently priced at $3,635.71, with a market cap of around $1.05 billion as of September 11, 2025, reflecting a minor decrease of 0.26% over 24 hours per CoinMarketCap. Trading volumes have seen a 7.31% change, underscoring gold’s bullish trend.
Coincu’s research team notes that continued central bank accumulation and geopolitical uncertainty could further bolster gold prices. The potential implications for gold-backed tokens highlight a trend towards diversification and stability, emphasizing gold’s role as an enduring store of value.
| DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
No tags available.
Other Posts
- Amplify 2024: Ohio’s Premier Blockchain Summit
- Polymarket Announces U.S. Beta Relaunch Amid Market Buzz
- U.S. Treasury Proposes New Tax Relief Regulations
- Radiant Capital Faces $50M Loss in Major Security Breach
- SEGG Media Unveils $300 Million Crypto Reserve Plan
- 21Shares Files S-1 With SEC to Launch Hyperliquid ($HYPE) ETF
- Hong Kong Sentences Influencer for Unlicensed Investment Advice
- Franklin Templeton Signals TradFi and Crypto Integration
- Circle Mints $500 Million USDC on Solana Blockchain
- Circle Focuses on Expanding USDC Use in Hong Kong
- Western Union Trials Stablecoin System for Remittance Innovation
- GMGN Completes Compensation for MEV-Affected Users
- Is MetaMask Preparing for Its Long-Awaited MASK Token Airdrop?
- BitMine Expands Ethereum Holdings to $13B With Major Weekly Purchase
- U.S. House Passes Temporary Funding Bill for Continued Operations
- DeXe Protocol Begins Trading on Aster Platform
- Federal Reserve Reaffirms Neutral Stance on Cryptocurrencies
- Balancer Hacks: 2,000 ETH Laundered via Tornado Cash
- Paradigm Stakes $700 Million in HYPE, Shaking Up Crypto Governance
- Coinbase Launches Monad Token Sale Amidst Industry Speculation
- Amplify 2024: Ohio’s Premier Blockchain Summit
- Polymarket Announces U.S. Beta Relaunch Amid Market Buzz
- U.S. Treasury Proposes New Tax Relief Regulations
- Radiant Capital Faces $50M Loss in Major Security Breach
- SEGG Media Unveils $300 Million Crypto Reserve Plan
- 21Shares Files S-1 With SEC to Launch Hyperliquid ($HYPE) ETF
- Hong Kong Sentences Influencer for Unlicensed Investment Advice
- Franklin Templeton Signals TradFi and Crypto Integration
- Circle Mints $500 Million USDC on Solana Blockchain
- Circle Focuses on Expanding USDC Use in Hong Kong
- Western Union Trials Stablecoin System for Remittance Innovation
- GMGN Completes Compensation for MEV-Affected Users
- Is MetaMask Preparing for Its Long-Awaited MASK Token Airdrop?
- BitMine Expands Ethereum Holdings to $13B With Major Weekly Purchase
- U.S. House Passes Temporary Funding Bill for Continued Operations
- DeXe Protocol Begins Trading on Aster Platform
- Federal Reserve Reaffirms Neutral Stance on Cryptocurrencies
- Balancer Hacks: 2,000 ETH Laundered via Tornado Cash
- Paradigm Stakes $700 Million in HYPE, Shaking Up Crypto Governance
- Coinbase Launches Monad Token Sale Amidst Industry Speculation
- Amplify 2024: Ohio’s Premier Blockchain Summit
- Polymarket Announces U.S. Beta Relaunch Amid Market Buzz
- U.S. Treasury Proposes New Tax Relief Regulations
- Radiant Capital Faces $50M Loss in Major Security Breach
- SEGG Media Unveils $300 Million Crypto Reserve Plan
- 21Shares Files S-1 With SEC to Launch Hyperliquid ($HYPE) ETF
- Hong Kong Sentences Influencer for Unlicensed Investment Advice
- Franklin Templeton Signals TradFi and Crypto Integration
- Circle Mints $500 Million USDC on Solana Blockchain
- Circle Focuses on Expanding USDC Use in Hong Kong
- Western Union Trials Stablecoin System for Remittance Innovation
- GMGN Completes Compensation for MEV-Affected Users
- Is MetaMask Preparing for Its Long-Awaited MASK Token Airdrop?
- BitMine Expands Ethereum Holdings to $13B With Major Weekly Purchase
- U.S. House Passes Temporary Funding Bill for Continued Operations
- DeXe Protocol Begins Trading on Aster Platform
- Federal Reserve Reaffirms Neutral Stance on Cryptocurrencies
- Balancer Hacks: 2,000 ETH Laundered via Tornado Cash
- Paradigm Stakes $700 Million in HYPE, Shaking Up Crypto Governance
- Coinbase Launches Monad Token Sale Amidst Industry Speculation
Latest
Press Release
Hotstuff Labs launches Hotstuff, a DeFi native Layer 1 connecting On-Chain Trading with Global Fiat Rails
Bybit Private Wealth Management Beat November Downtrend with Top Fund Delivering Close to 30% APR
