On September 22, 2025, the price of gold set a new historical record, surpassing $3728 per ounce. This surge in gold’s value occurred against the backdrop of a sharp correction in the cryptocurrency market, which experts believe may indicate a redistribution of investment flows between traditional and digital assets.
This is reported by Finway
Rise in Precious Metal Prices and Fall in Cryptocurrencies
At the time of the new peak, the price of gold remained above $3720 per ounce. The increase began around 09:00 Kyiv time, coinciding with the decline of Bitcoin and other cryptocurrencies. Specialists note that investors are exercising caution, and the trend of increasing interest in gold is being intensified by uncertainty in the financial markets.
Positive dynamics are also observed in other precious metals. The spot price of silver rose by 1.3% to $43.6 per ounce, nearly reaching a 14-year high. The price of platinum increased by 1.2% to $1420.4 per ounce, while palladium rose by 1.2% to $1163.2 per ounce.
Impact of Monetary Policy and Investment Sentiment
Analysts link the rise in gold prices to the decision of the U.S. Federal Reserve to lower interest rates. According to KCM Trade’s chief market analyst, Tim Waterer, the rate cuts fuel interest in gold as a safe-haven asset.
“Today, gold is gaining momentum again as traders focus on the potential for price growth from this point until the end of the year, supported by the anticipated further rate cuts by the Fed.”
Experts believe that if favorable macroeconomic conditions persist, the price of gold may continue to rise, and the Fed’s “dovish” policy will only reinforce this trend. At the same time, according to Deutsche expert Henry Allen, the effects of the rate cut are already being felt in the market, and the current increase in prices for safe-haven assets is driven by concerns about the economic situation in the U.S.
Bitcoin, which was previously regarded as “digital gold,” is losing this status due to its increasing dependence on macroeconomic factors. As some experts note, the heightened volatility of cryptocurrencies during market stress prompts investors to prefer traditional safe-haven assets like gold.