Live Spot Gold
Bid/Ask
3,371.603,373.60
Low/High
3,358.403,377.00
Change
+1.30+0.04%
30daychg
+35.50+1.06%
1yearchg
+862.20+34.36%
Silver Price & PGMs
(Kitco News, Monday. Aug 25th, 2025) – Gold prices are near steady and silver prices are modestly down near midday Monday. It’s a quieter, late-summer trading day for the precious metals markets to start the trading week and following a more active trading session Friday. December gold was last up $1.50 at $3,420.00. September silver prices were down $0.229 at $38.83.
The marketplace has now mostly digested Fed Chairman Jerome Powell’s speech on Friday that saw him lean easier on U.S. monetary policy. Powell used his keynote speech to signal the Fed is headed for an interest-rate cut as soon as its next policy meeting in September. However, there are divisions among other Fed policymakers over whether that’s the right call. Even Powell noted the U.S. economy has handed Fed officials a “challenging situation.” The Fed is grappling with inflation that’s still above its 2% goal — and rising — and a labor market that’s showing signs of weakness.
Technically, December gold futures bulls have the overall near-term technical advantage. Bulls’ next upside price objective is to produce a close above solid resistance at $3,500.00. Bears’ next near-term downside price objective is pushing futures prices below solid technical support at the July low of $3,319.20. First resistance is seen at last week’s high of $3,423.40 and then at $3,450.00. First support is seen at $3,400.00 and then at last week’s low of $3,353.40. Wyckoff’s Market Rating: 6.5.
September silver futures bulls have the firm overall near-term technical advantage. Silver bulls’ next upside price objective is closing prices above solid technical resistance at the July high of $39.91. The next downside price objective for the bears is closing prices below solid support at the July low of $36.28. First resistance is seen at last week’s high of $39.09 and then at $39.91. Next support is seen at $38.00 and then at $37.50.
Posted by:
Jack Dempsey, President
401 Gold Consultants LLC
jdemp2003@gmail.com