Various-Gold/Silver/Markups
FILE: Tokyo, Japan - July 12-14, 2024 (CCTV - No access Chinese mainland)
1. Various of gold bar, fine gold
FILE: China - Date Unknown (CCTV - No access Chinese mainland)
2. Various of gold bars
FILE: Seoul, South Korea - Sept 2025 (CCTV - No access Chinese mainland)
3. Various of gold rings for sale
4. Various of gold bars
FILE: Tokyo, Japan - Sept 10, 2025 (CCTV - No access Chinese mainland)
5. Gold jewelry for sale
FILE: Dubai, UAE - Sept 2025 (CCTV - No access Chinese mainland)
6. Various of counter clerks sorting gold jewelries
FILE: Beijing, China - April 2024 (CCTV - No access Chinese mainland)
7. Various of silver coinages, silver ingots, silver bracelets for sale
FILE: Washington D.C., USA - Date Unknown (CGTN - No access Chinese mainland)
8. Various of U.S. Federal Reserve building, national flag of United States, flag of Federal Reserve atop building
Both Gold and silver prices hit record highs on Monday, driven by geopolitical tensions and market expectations for further U.S. Federal Reserve rate cuts.
Spot gold prices breached 4,420 U.S. dollars per ounce during the intraday trading on Monday, while gold futures contract on the New York Mercantile Exchange (NYMEX) briefly surpassed 4,450 U.S. dollars per ounce, both hitting all-time highs.
In addition, the silver futures contract on NYMEX climbed above 69.5 U.S. dollars per ounce on Monday, surging nearly three percent, also reaching a record high.
Bloomberg News reported that escalating geopolitical tensions and market expectations for further Fed rate cuts were the primary drivers behind the soaring gold prices.
Traders anticipate the Fed will cut rates twice in 2026 following last week's release of a series of U.S. economic data.
Meanwhile, U.S. President Donald Trump has consistently advocated more accommodative monetary policies.
Persistent geopolitical tensions in recent weeks have also heightened the safe-haven appeal of gold and silver.
Bloomberg projected on Monday that both gold and silver are poised for their strongest annual gains since 1979.
Due to purchases of central banks and inflows into exchange traded funds (ETFs), gold prices have surged by about two-thirds this year.
Gold-backed ETFs have recorded five consecutive weeks of increased inflows.
World Gold Council data shows that, except for May, the total holdings of these funds have increased month on month this year.
Beyond central banks, investors have also played a significant role in the gold price rally.
Fueled by concerns over the value of sovereign bonds and their denominating currencies, investors have been fleeing these assets.
The Wall Street Journal reported in October that investors who were concerned about the outlook for currencies like the U.S. dollar were aggressively buying alternative assets such as gold.
Goldman Sachs released a research report on December 18, forecasting that gold prices would rise to 4,900 U.S. dollars per ounce by the end of 2026.
Various-Gold/Silver/Markups
Dateline : Dec 22, 2025/File
Location : Various
Duration : 1'36
FILE: Tokyo, Japan - July 12-14, 2024 (CCTV - No access Chinese mainland)
1. Various of gold bar, fine gold
FILE: China - Date Unknown (CCTV - No access Chinese mainland)
2. Various of gold bars
FILE: Seoul, South Korea - Sept 2025 (CCTV - No access Chinese mainland)
3. Various of gold rings for sale
4. Various of gold bars
FILE: Tokyo, Japan - Sept 10, 2025 (CCTV - No access Chinese mainland)
5. Gold jewelry for sale
FILE: Dubai, UAE - Sept 2025 (CCTV - No access Chinese mainland)
6. Various of counter clerks sorting gold jewelries
FILE: Beijing, China - April 2024 (CCTV - No access Chinese mainland)
7. Various of silver coinages, silver ingots, silver bracelets for sale
FILE: Washington D.C., USA - Date Unknown (CGTN - No access Chinese mainland)
8. Various of U.S. Federal Reserve building, national flag of United States, flag of Federal Reserve atop building
Both Gold and silver prices hit record highs on Monday, driven by geopolitical tensions and market expectations for further U.S. Federal Reserve rate cuts.
Spot gold prices breached 4,420 U.S. dollars per ounce during the intraday trading on Monday, while gold futures contract on the New York Mercantile Exchange (NYMEX) briefly surpassed 4,450 U.S. dollars per ounce, both hitting all-time highs.
In addition, the silver futures contract on NYMEX climbed above 69.5 U.S. dollars per ounce on Monday, surging nearly three percent, also reaching a record high.
Bloomberg News reported that escalating geopolitical tensions and market expectations for further Fed rate cuts were the primary drivers behind the soaring gold prices.
Traders anticipate the Fed will cut rates twice in 2026 following last week's release of a series of U.S. economic data.
Meanwhile, U.S. President Donald Trump has consistently advocated more accommodative monetary policies.
Persistent geopolitical tensions in recent weeks have also heightened the safe-haven appeal of gold and silver.
Bloomberg projected on Monday that both gold and silver are poised for their strongest annual gains since 1979.
Due to purchases of central banks and inflows into exchange traded funds (ETFs), gold prices have surged by about two-thirds this year.
Gold-backed ETFs have recorded five consecutive weeks of increased inflows.
World Gold Council data shows that, except for May, the total holdings of these funds have increased month on month this year.
Beyond central banks, investors have also played a significant role in the gold price rally.
Fueled by concerns over the value of sovereign bonds and their denominating currencies, investors have been fleeing these assets.
The Wall Street Journal reported in October that investors who were concerned about the outlook for currencies like the U.S. dollar were aggressively buying alternative assets such as gold.
Goldman Sachs released a research report on December 18, forecasting that gold prices would rise to 4,900 U.S. dollars per ounce by the end of 2026.
ID : 8458527
Published : 2025-12-23 12:19
Last Modified : 2025-12-23 20:47:37
Source : China Central Television (CCTV),China Global Television Network (CGTN)
Restrictions : No access Chinese mainland
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