Kamikiri Takakazu "Weekly Gold Market Outlook" June 9, 2025 issue

Mr. Takashi Kabuki, chief executive officer of Investment Daily Co., Ltd., a master of cycle analysis, writes weekly this report on gold price outlook.

This is the weekly gold price outlook report.

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Last week's New York gold market (near-month) closed at $3,346.60, up $31.20 from the previous week. The week's high was $3,427.70 on Thursday, not reaching the May high, forming a third high in a downtrend. This still indicates that the correction phase is continuing.

The May U.S. employment report released last week showed an increase of 139,000 jobs, a slight deceleration from April’s revised 147,000. Market expectations had been for a 130,000 gain. The unemployment rate remained at 4.2%. The U.S. labor market is slowing but remains resilient.


【Takashi Kabuki — 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 ever market cycle and astrology report. He is renowned 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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