Gold to a standard level .. with the escalation of American risks

Gold prices witnessed a historical mutation during the Tishreen 2025 dealings, as the futures for the yellow metal exceeded September’s delivery level of $ 3900 to the ounce for the first time in history, driven by the failure of American legislators to reach an agreement on federal financing, causing the first government closure in seven years.

Central banks behind the rise since 2024, the central banks – especially in the emerging markets – strengthened their gold purchases with the aim of diversifying reserves and reducing dependence on the US dollar. According to the data of the World Gold Council, banks bought more than 1000 tons for the third year in a row, to become the owner of about one -fifth of the globally extracted gold. Gold between “sterile origin” and an active investment tool despite the criticism of the American investor and Warren Buffett gold and considered “sterile origin”, the last height wave changed the traditional view, as gold turns into an active investment tool capable of achieving capitalist gains, According to the analysts, the writer Roli Rashid believed that “the rise in gold prices this year by more than 45% makes it far from the status of sterile origin, especially with the flow of investments to the gold -backed indicators funds.” Agency 2026: About 4,500 dollars to the ounce of his side, the economist Mohamed Saad expected that gold continues to rise in 2026 to reach levels exceeding 4,500 dollars per ounce, Driven by demand from investors, individuals, indicators and central banks, in addition to geopolitical risks in Europe and the Middle East.