Gold Breaks All-Time High: XAUUSD Nears $3,000 as Inflation and PPI Drive Prices
After excellent news this week and possible macro issues cooling down, the currency market has been very active lately.
CPI and PPI data might give the FED that extra push they needed for another rate cut during March.
It is very important to note, the labor market overall has been stable all of 2025 with more good news this week per JOLTS and unemployment claims reducing. Today’s unemployment claims came in at 220K, better than the forecasted 226K and lower than the previous 222K, reinforcing the idea of a stable labor market.
I cheer for this and the American citizen who were with the incognita if the new government and fed actions will benefit them or trigger a new 2008 catalyst.
I don’t know about the new government; you have a six-times expert in bankruptcies being led by a parasite that can’t provide any sort of value to humanity, yet he calls himself a genius… fake and liar.
The important thing, and what matters, is the USA is a big and complex country with solid institutions and divided interests. What those two monkeys want to do, is not 100% approved and the FED is one of them.
Since 2021, I just hear low IQ monkeys talk trash to the fed and my lord Powell while they are just typing and not even placing trades or money where their mouth is.
To all the paper traders and paper economists, it is good to remind, this is the first time in history we have a pandemic in modern times and the reason they printed money was due to the lockdown; this has nothing to do with the 2006-2011 cycle where human factors triggered the crisis.
It’s really impressive how dumb and low IQ people are that don’t understand basic economics but want to ball big and talk like they own the place. They should be learning and start gathering data on what worked and what’s not; instead, they are typing that keyboard so hard on social media they are making money from ads.
But you all know me, I make money trading and investing in the financial market; I put my mouth where my money is and I’m not scared of being wrong since this is all about learning and adapting and every new piece of data can only make me better compared to big ego personalities that will be limited forever.
Why is the gold price pumping?
Gold prices surged to new all-time highs on March 13, 2025, due to several key factors:
- Global Demand and Bullish Sentiment: Rising demand for gold as a safe-haven asset, coupled with strong global market trends, supported the price surge. This was driven by economic uncertainties and expectations of further monetary easing by central banks like the Federal Reserve.
- US Inflation Data: Cooler-than-expected US consumer inflation data reinforced the likelihood of interest rate cuts, reducing the opportunity cost of holding non-yielding assets like gold. The US inflation rate eased to 2.8% in February, below the forecast of 2.9%, and Core CPI also slowed to 3.1%, marking the lowest level since April 2021.
- Weaker US Dollar: A weaker dollar made gold cheaper for international buyers, increasing demand and boosting prices.
- Technical Factors: Gold broke key resistance levels, maintaining its upward trend and attracting further buying interest.
- Trade Uncertainty: Ongoing trade tensions and tariff uncertainties prompted increased safe-haven buying, as investors sought stability during volatile economic times.
On that note, just as gold’s price action was gaining traction, it reached a new all-time high (ATH) with significant trading volume. The price is currently at $2,972 and pushing towards the key psychological level of $3,000. This aligns with today’s data showing Core PPI m/m at -0.1%, below the forecasted 0.3%, and PPI m/m flat at 0.0%, also below the forecasted 0.3%, indicating a possible easing of price pressures.
