Yataki Takaki 「Weekly Gold Market Outlook」 April 28, 2025 issue
The report from Takemi Kabutomaki, the CEO and representative director of Kabushikigaisha Investment Daily, and a master of cycle analysis, is authored every week.
This is a gold market outlook report.
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※May 5 falls during Golden Week, so we will be closed.
Last week, the near-term New York gold price surpassed 3,500 dollars, reaching 3,509.9 dollars on April 22 and marking an all-time high. The spot market also reached a record high but failed to reach the 3,500-dollar range, stalling at 3,499.58 dollars. The next day, both markets dropped more than 230 dollars from the highs to the lows, recording a historic decline. The near-term fell to 3,270.8 dollars, and the spot market to 3,260.20 dollars. The decline was 7.1%, but a drop of 230 dollars, compared with the 2,000 dollars from last February when the surge began, is over 10%, suggesting that a top may be near.
Tariff negotiations by the U.S. with other countries have begun, and with China in particular, Trump suddenly indicated that he would ease restrictions, causing the market to swing. The pattern of frequent policy reversals continues as usual. Because Trump's impulsive statements can cause fluctuations in both gold and financial markets, it is possible that a clear trend in gold prices may be difficult to emerge.
For more, please refer to the PDF file.
【Takemi Kabutomaki — Profile】
Graduated from Kwansei Gakuin University, Faculty of Economics. In 1995, partnered with the world-renowned U.S. market analyst Raymond Merriman to publish Japan’s first market cycle and astrology report. He is known for cycle and astrology-based market analysis. CEO of Investment Daily Co., Ltd., CEO of Investment Daily Publishing Co., Ltd., member of the Japan Technical Analysts Association, and Editor-in-Chief of ‘Investment Daily α’.
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