Daily brief · Wednesday, June 25, 2025

Gold steady near $3,318 as buyers wait for U.S. data; platinum stays strong on supply worries

Gold finished slightly higher at $3,318.25 an ounce as most coverage pointed to investors staying cautious ahead of key U.S. economic releases and Fed signals. Silver and palladium slipped on the day, while platinum held near multi-year highs on supply-focused headlines.

AI summaryWritten automatically with AI from 24 linked reports and our own price data, Oct 21, 1:55 AM ET. Each point links to its sources. Published without an editor’s review; not investment advice. How this page is made

Tone of the reports: Mixed

What happened

  1. Reuters reported gold held steady as investors waited for key U.S. economic data, keeping trading cautious despite recent volatility.

    SourcesReuters: Gold holds steady as investors await US economic data

  2. CNBC also said gold steadied with markets focused on upcoming U.S. economic data after the prior session’s drop.

    SourcesCNBC: Gold steadies with market eyeing U.S. economic data

  3. FXStreet tied gold’s steadier tone to Chair Powell maintaining a hawkish stance, while also noting support from incoming U.S. data and geopolitics as traders reassessed risk appetite.

    SourcesFXStreet: Gold steadies at $3,334 as Powell sticks to hawkish stance, US data ...

  4. Several outlets framed the recent pullback as driven by Middle East de-escalation: Investing.com said an Israel-Iran truce reduced safe-haven demand, and another Investing.com piece said a ceasefire cooled the risk premium in oil and gold.

    SourcesInvesting.com: Gold prices edge up after sharp losses; Israel-Iran truce dulls haven ...2: Ceasefire Cools Risk Premium in Oil and Gold, but Supply Risks ...

  5. Kitco News said gold is facing mounting technical pressure near its 50-day moving average as markets look ahead to GDP, jobs, and PCE inflation data.

    SourcesKitco News: Gold price faces mounting technical pressure near 50-day MA ahead of GDP, jobs, and PCE data – FX Empire’s Hyerczyk

  6. Separate China-focused reports highlighted infrastructure and market-access developments: Bloomberg said Chinese state-owned miners are raising capital offshore amid soaring prices, while imported reports said China’s gold exchange is expanding offshore with new contracts and a new vault in Hong Kong (also described as China’s first offshore gold vault).

    SourcesBloomberg: China's State-Owned Miner Joins 'Gold Rush' to Raise Capital ...Earlier news service: CHINA’s gold exchange expands offshore with new contracts and vault in Hong Kong2: CHINA Opens First Offshore Gold Vault to Attract Global Investors

Bull vs bear

The arguments the day’s reports made for each direction. We list them side by side; we don’t pick one.

The case for higher prices

The case for lower prices

What to watch

  • UpcomingGDP, jobs, PCE dataKitco said these releases are central near-term catalysts as gold trades under technical pressure and markets reassess rates and inflation expectations around major data points.

Metal by metal

Gold $3,318.25 +0.48%

Most reports described gold as rangebound to softer recently, with traders focused on U.S. data and Fed signaling, while reduced Middle East risk trimmed safe-haven demand. Kitco noted added technical pressure near the 50-day moving average into major data releases.

Gold headlines

Silver $35.77 −0.83%

Coverage was thinner than gold’s. Kitco said gold and silver were firmer as risk appetite faded a bit, and another Kitco piece focused on what’s driving the gold/silver ratio.

Silver headlines

Platinum $1,308.00 +0.31%

An imported report said platinum jumped to its highest level since 2014 on mounting supply concerns, which kept attention on fundamentals rather than macro headlines.

Platinum headlines

Palladium $1,049.00 −2.05%

No report focused on palladium.

Palladium headlines

The day’s reports

37 reports, most important first, New York time.

  1. 8:00 PM Earlier news service · 8:00 PM▲ Reports a rise UAE Central Bank boosts gold reserves by over 19% in Q1 The UAE central bank boosted its gold reserves by more than 19% in the first quarter.
  2. 8:00 PM Earlier news service · 8:00 PM CHINA Opens First Offshore Gold Vault to Attract Global Investors China has opened its first offshore gold vault to attract global investors.
  3. 8:00 PM Earlier news service · 8:00 PM▲ Reports a rise PLATINUM Jumps to Highest Since 2014 on Mounting Supply Concerns Platinum jumps to its highest level since 2014 on mounting supply concerns.
  4. 8:00 PM Earlier news service · 8:00 PM CHINA’s gold exchange expands offshore with new contracts and vault in Hong Kong China’s gold exchange is expanding offshore with new contracts and a new vault in Hong Kong.
  5. 4:08 PM Reuters · 4:08 PM Gold holds steady as investors await US economic data Gold is steady as investors wait for key U.S. economic data.
  6. 2:12 PM FXStreet · 2:12 PM Gold steadies at $3,334 as Powell sticks to hawkish stance, US data ... Gold steadies around $3,334 as Powell stays hawkish and U.S. data and geopolitical sentiment support prices.
  7. 10:11 AM Bloomberg · 10:11 AM▲ Reports a rise China's State-Owned Miner Joins 'Gold Rush' to Raise Capital ... Bloomberg says Chinese state-owned gold miners are raising capital offshore as prices soar.
  8. 10:11 AM Earlier news service · 10:11 AM▼ Reports a fall Gold at near 2-week low after Trump announces Israel-Iran ceasefire Gold fell to a near two-week low after Trump announced an Israel-Iran ceasefire.
  9. 4:33 AM Investing.com · 4:33 AM▼ Reports a fall Gold Prices Drop as Powell Signals Rate Pause, Geopolitical Tensions Ease Gold prices fell as Powell signaled a rate pause and geopolitical tensions eased.
  10. 8:00 PM Earlier news service · 8:00 PM TD SECURITIES : Gold is ‘technically overbought’ but ‘actually under-owned,’ str.. TD Securities says gold is technically overbought but still under-owned.
  11. 8:00 PM Earlier news service · 8:00 PM UBS REPORT : Gold remains an attractive source of diversification UBS says gold remains an attractive source of diversification.
  12. 8:00 PM Earlier news service · 8:00 PM Gold stands centre stage amid deepening Fed uncertainty Gold takes center stage as uncertainty around the Fed deepens.
  13. 8:00 PM Earlier news service · 8:00 PM Why TURKIYE keeps $311B in gold ‘under the pillow’ The article looks at why Turkey keeps a large amount of gold outside the banking system.
  14. 8:00 PM Earlier news service · 8:00 PM▲ Reports a rise BANK OF AMERICA : Gold price could surge 20% by 2026, says BofA — And it’s not d.. Bank of America says gold could rise 20% by 2026.
  15. 4:34 PM Kitco News · 4:34 PM▼ Reports a fall Gold price faces mounting technical pressure near 50-day MA ahead of GDP, jobs, and PCE data – FX Empire’s Hyerczyk Gold faces technical pressure near its 50-day moving average ahead of GDP, jobs, and PCE data.
  16. 2:13 PM Kitco News · 2:13 PM Will Gold become an attractive savings vehicle in the UK? Gov’t looks to shake up Cash ISAs The UK government is considering changes to Cash ISAs that could make gold a more attractive savings option.
  17. 1:40 PM Kitco News · 1:40 PM▲ Reports a rise Gold, silver firmer as risk appetite fades a bit Gold and silver are firmer as risk appetite eases slightly.
  18. 12:26 PM Kitco News · 12:26 PM This is what’s driving the gold:silver ratio – CME’s Norland   An analyst explains what is driving the gold-silver ratio.
  19. 10:11 AM Investing.com · 10:11 AM▲ Reports a rise Gold prices edge up after sharp losses; Israel-Iran truce dulls haven ... Gold prices edged up after sharp losses as the Israel-Iran truce reduced safe-haven demand.
  20. 10:11 AM Investing.com · 10:11 AM▼ Reports a fall Ceasefire Cools Risk Premium in Oil and Gold, but Supply Risks ... Investing.com says a ceasefire cooled the risk premium in oil and gold.
  21. 10:11 AM Earlier news service · 10:11 AM▲ Reports a rise Gold rises as US yields, dollar slip; markets watch Israel-Iran truce Gold rose as U.S. yields and the dollar slipped while markets watched the Israel-Iran truce.
  22. 10:03 AM Kitco News · 10:03 AM▼ Reports a fall Gold prices continued to struggle as U.S. new home sales drop nearly 14% in May Gold prices struggled after U.S. new home sales dropped nearly 14% in May.
  23. 9:00 AM Forbes · 9:00 AM▼ Reports a fall Has Gold Topped Out? Forbes asks whether gold has topped out after the metal plunged 1.4% on a stock rally.
  24. 8:30 AM Kitco News · 8:30 AM▲ Reports a rise Gold price up a bit in calmer but still somewhat pensive marketplace Gold prices edged up in a calmer but still cautious market.
  25. 6:58 AM CNBC · 6:58 AM Gold steadies with market eyeing U.S. economic data Gold steadied as traders looked ahead to U.S. economic data after the previous session's drop.
  26. 3:19 AM Investing.com · 3:19 AM Gold, Silver Correlations Flip as Middle East Developments Roil Markets Investing.com analyzes how Middle East developments changed the relationship between gold, silver and the dollar.
  27. 12:22 AM The Economic Times · 12:22 AM▼ Reports a fall Gold Price Prediction: Yellow metal prices plunge by Rs 2k in 2 days amid Iran-Israel war de-escalation. Is the shine fading? Gold and silver fell as easing Iran-Israel tensions and a ceasefire announcement hurt safe-haven demand.
  28. 8:00 PM MINING.COM · 8:00 PM MAPPED: Top gold drill results – August 2019 - MINING.COM MINING.COM highlights top gold drill results from August 2019 and notes gold-sector exploration activity slumped.
  29. 8:00 PM Earlier news service · 8:00 PM INTERVIEW : Mark Yaxley – CEO at Strategic Wealth Preservation (SWP) An interview features Mark Yaxley of Strategic Wealth Preservation.
  30. 8:00 PM Earlier news service · 8:00 PM Why CHINA’s Gold Jewellers Are Outshining Global Luxury Brands The article explains why Chinese gold jewellers are outperforming global luxury brands.
  31. 8:00 PM Earlier news service · 8:00 PM OLD MUTUAL : Omig pivots from gold to platinum as EV slowdown reshapes commodity.. Old Mutual’s Omig is shifting from gold to platinum as the EV slowdown changes its commodity view.
  32. 3:53 PM Kitco News · 3:53 PM▲ Reports a rise Platinum will continue to run as gold prices take a break in Q3 - BMO Capital Markets BMO expects platinum to keep outperforming while gold pauses in the third quarter.
  33. 10:11 AM Fortune · 10:11 AM Current price of gold: June 25, 2025 | Fortune Fortune looks at the current gold price and what it may signal about inflation protection.
  34. 10:11 AM Yahoo Finance · 10:11 AM Americas Gold and Silver Closes US$100 Million Debt Financing ... Americas Gold and Silver said it closed a US$100 million debt financing.
  35. 8:05 AM Kitco News · 8:05 AM Gold market analysis for June 25 - key intra-day price entry levels for active traders Kitco publishes intraday gold market analysis and key entry levels for active traders.
  36. 8:02 AM The Economic Times · 8:02 AM Gold price remains low. Check latest gold rate prediction by experts The Economic Times says gold remains low and asks experts for the latest price outlook.
  37. 8:00 PM Earlier news service · 8:00 PM TATLER : Why gold still reigns: the timeless appeal of the world’s oldest invest.. The article examines why gold remains a lasting and appealing asset.

How this page is made

Collected every hour. Summed up twice a day. Linked to the source.

Where the news comes from

  • Reuters and Dow Jones headlines for gold, silver, platinum and palladium, through TradingView
  • Kitco News and MetalsDaily
  • The World Gold Council
  • Google News, for wider coverage
  • A daily AI web search for anything the feeds missed

How the briefs are written

Every hour we collect new headlines. An AI model from OpenAI tags each one by metal, topic and importance and writes a one-line summary from its headline and teaser. It doesn’t read paywalled articles. On weekdays at about 8 AM and after the 5 PM New York close, it writes a brief from the most important reports and our own spot price feed. Every point cites the reports it came from. On Fridays it writes a recap of the week.

Who publishes it

Bullion Trading LLC is a physical precious metals dealer in New York’s Diamond District, in business since 2008. Prices on this page come from our own live feed and LBMA history. We buy and sell bullion, so read the briefs as market context, not investment advice. Briefs are published automatically, without an editor’s review. If you spot an error, tell us.