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Gold hits a record high

2025-09-10

Wind data shows that at the end of New York on Tuesday (September 9) , spot gold fell 0.22% to $3,628.06/ounce. When the annual benchmark of US non-farm employment data was released at 22:00 Beijing time, the annual benchmark for US non-farm employment data rose to $3,674.78 when it revised the annual benchmark, and then turned to a record high.

COMEX gold futures fell 0.28% to $3,667.20 per ounce, and reached $3,715.20 at 22:00 to hit an intraday record high.

In terms of jewelry gold, on September 10, the prices of gold jewelry exceeded 1,070 yuan/gram. Among them, the price of Zhoushengsheng’s full gold jewelry is 1,074 yuan/gram, while the price of Chow Tai Fook , Lao Fengxiang and Lao Miao’s full gold gold has reached 1,073 yuan/gram.

On the news, according to CCTV News , on September 9 local time, the IDF and the Israeli National Security Administration (Simbet) admitted to being responsible for the Doha attack. On September 9, an explosion occurred in the Katara area in the northern part of the capital of Qatar . According to Xinhua News Agency, the Israel Defense Forces and the State Security Administration (Simbet) issued a joint statement on September 9 saying that Israel launched a precise strike against the senior Hamas leaders in Qatar on the same day .

Overall, gold has risen by nearly 39% since this year, continuing the strong 27% rise in 2024; London gold has risen by nearly $1,000 per ounce since the beginning of the year. Behind the repeated highs of gold prices is the superposition of multiple positive factors – the weakening of the US dollar, the continuous purchase of gold by the central bank, the loose monetary policy expectations, and the continued intensification of global political and economic uncertainty.

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