Gold - Overview as of 22.05.2025

Financial and commodity markets analytics


Gold prices rose to a two-week high. The precious metal is supported by growing fears of rising U.S. government debt and weak demand for 20-year Treasury bonds, which emphasizes the low interest in U.S. assets.On Wednesday, the Republican-controlled U.S. House of Representatives Committee voted to advance President Donald Trump's sweeping bill to cut taxes and increase spending, paving the way for a vote in the House of Representatives in the near future.Gold is in demand during periods of uncertainty. At the moment, the price has overcome the previously described local range of $3210-3250, but more significant resistance will be met by the market above, tentatively in the area of: $3360-3435.