Gold and silver have risen in price again: what caused this trend
7 November 2025 10:12
Global gold prices have risen. On Friday, November 7, the price of bullion exceeded $4,000 an ounce, cutting losses from the previous session and ending the trade almost unchanged.
This was reported by "Komersant Ukrainian" with reference to Bloomberg.
On Thursday, the yield on 10-year Treasury bonds fell by the most in about a month after the employment company Challenger, Gray & Christmas Inc. published data showing the largest job losses in the United States in October in more than 20 years. Concerns about a weakening labor market may bolster arguments in favor of further rate cuts, a scenario that is generally favorable for non-yielding precious metals.
At the same time, U.S. officials are expressing conflicting views on monetary policy, with Chicago Fed President Stan Goolsbee noting that the lack of official data due to the U.S. government shutdown “makes him even more concerned” about further rate decisions.
It is worth noting that since the beginning of the year, gold has already risen by more than 50% and is heading for its best annual performance since 1979. The price increase is also driven by the inflow of funds into bullion-backed exchange-traded funds and active purchases by central banks.
As for other precious metals, silver rose for the third day in a row after the United States included it in the list of critical minerals. Platinum and palladium are also showing growth.
Just last month, global gold and silver prices set new historical records amid economic uncertainty and the expected reduction in US interest rates.
