Gold prices stabilized in trading on Friday, October 10, 2025, as the ounce continued to hold above the historic level of $4,000, which it surpassed for the first time yesterday, supported by expectations of another US interest rate cut this year, alongside signs of easing tensions in the Middle East.

According to analysis by Gold Bullion company, gold managed to maintain its trading above the psychological level of $4,000 per ounce after closing above it yesterday, continuing to trade above it today despite some technical factors that may lead to a slight temporary price correction.

Since the beginning of 2025, gold has risen about 54%, driven by strong buying waves from central banks, increased demand for gold-backed exchange-traded funds, as well as a weaker US dollar and higher demand for safe havens.

Global gold funds recorded in September the highest monthly inflows since March 2022, totaling 145.6 tons of gold, which pushed the total assets managed by these funds to a new record level amid rising prices and growing investor appetite.

In a politically influential context on the markets, Hamas and the Israeli entity yesterday agreed on the first phase of the US plan regarding Gaza, which includes a ceasefire and prisoner exchange, a step that may pave the way to end the war ongoing for two years, contributing to temporarily calming geopolitical fears in global markets.