Gold Price Development on June 4, 2025: A Comprehensive Analysis
On June 4, 2025, investors were presented with an interesting picture in the gold market, shaped by both current price movements and long-term trends. Here are the key aspects of gold price development on this day:
Current Gold Price
- Price on June 4, 2025: The gold price on June 4, 2025, was around $3,350 per ounce, representing a decrease of $9 compared to the previous day. Another report cites the price as $3,373.57, which may indicate different sources or trading times.
Price Development in Comparison
- Year-over-Year Comparison: Compared to the previous year, the gold price has increased by about $995, which indicates strong demand and geopolitical uncertainties.
- Highest Price in 2025: The highest price in 2025 was reached on April 22, at $3,499.88.
Market Trends and Forecasts
- Medium-Term Trend: The gold price shows a medium-term downtrend, confirmed by a further decline in the past week. The price reached an initial downward target of around $3,244, while the second target is at $3,120.
- Resistance Zone: An important resistance zone lies between $3,368 and $3,270. Should the price break through this zone, the trend could reverse, potentially leading to an increase to the target zone of $3,435 to $3,420.
- Technical Analysis: Some analysts recommend opening sales at the resistance between $3,368 and $3,345, with a take-profit target set at $3,120 and a stop-loss at breakeven.
Influencing Factors
- Geopolitical Tensions: Geopolitical events, such as the recent tariff threats from U.S. President Donald Trump, can influence the gold price, as investors often flee to safe assets like gold in times of uncertainty.
- Economic Factors: Economic developments in Europe and the U.S. can also affect the gold price, as capital markets in Europe are performing better and there is a valuation gap between U.S. tech and European markets.
In summary, the analysis of the gold price development on June 4, 2025, provides insights into the complex factors influencing the market. Investors should pay attention to both short-term price movements and long-term trends to make informed decisions.