Gold Sets New Record: What Pushed the Price to $4078.

According to inkorr.com: The price of gold has reached a new historical high of $4078.05 per ounce. The increase in value is associated with the escalation of trade disputes between the USA and China, as well as expectations for a reduction in interest rates by the Federal Reserve. Silver also showed significant growth, reaching a record $51.70 per ounce. This was reported by

Reuters.

What is the price of gold on October 13, 2025

Gold futures in the USA for December delivery rose by 2.3%, reaching $4093.50. US President Donald Trump announced the possibility of raising tariffs on Chinese goods to 100% and introducing new restrictions on software exports. This is a reaction from Washington to China's actions, which limited the supply of rare earth elements. China described its actions as

"justified"

Capital.com analyst Kyle Rodda noted that geopolitical risks are becoming relevant again, prompting investors to seek safe assets like gold.

Why Gold Continues to Rise in Price

The main factors influencing the rise in prices are:

• escalation of trade disputes between the USA and China;
• expectations for a reduction in the Federal Reserve's rates;
• massive gold purchases by central banks;
• inflow of capital into gold exchange-traded funds;
• global economic uncertainty due to tariffs.

Analysts confirm that since the beginning of the year, gold has increased in price by 53%. Markets believe that in October and December, the Federal Reserve may lower rates by 0.25%. Fed Chair Jerome Powell will speak at the annual NABE conference this week, where he may present new signals regarding future decisions.

Meanwhile, the US continues to face a government shutdown, delaying the publication of key economic indicators. On the political front, Trump accused Democrats of large-scale layoffs of civil servants. In Egypt, negotiations among world leaders have begun regarding a ceasefire in Gaza.

The price of platinum rose by 2.9% to $1635.35, while palladium rose by 3.6% to $1452.50 per ounce.

It was previously reported that the cost of bank gold in Ukraine has increased. In Privatbank, the prices for ingots in the fall of 2025 reached record figures, from 6920 hryvnias per gram in the smallest category to 564 thousand hryvnias for a 100-gram ingot.

The rise in gold prices and other precious metals is driven by both global economic processes and political risks that increase investor interest in safe assets. This undermines the stereotype of the stability of traditional markets and emphasizes the importance of attention to stock and commodity markets during this period of uncertainty.