How the US influences the price of gold

It is these uncertainties that have driven up the price of gold. The current healthy correction should not unsettle investors. The US dollar is the most widely held currency in the world. And it is the preferred currency for gold. The high level of US debt is a cause for concern. And the extent to which tariffs will affect the US economy is currently difficult to answer, as many government agencies are still shut down and figures are therefore lacking.

Another point is whether the independence of the US Federal Reserve will still be guaranteed in the future. Jerome Powell’s term of office ends next year and the Trump administration will appoint a successor who may be less focused on the targeted two percent inflation rate. What the US president wants is clear: interest rates should fall, because the mountain of debt continues to grow unabated. Large investments, for example in artificial intelligence, are consuming many US dollars. If the Fed lowers interest rates, this could devalue the US dollar. A weaker US dollar is good for gold and drives up the price of the precious metal.

After the gold price rose to US$4,381 per troy ounce, a correction set in. According to chart technicians, the current consolidation could continue for a while. In the medium term, however, the chart picture is bullish. If the price rises above US$4,046 per ounce, the correction should be over. A renewed rally would then be conceivable. In any case, companies that own gold in their projects benefit from high gold prices.

Fury Gold Mines – https://www.commodity-tv.com/ondemand/companies/profil/fury-gold-mines-ltd/ – has a gold and mineral exploration portfolio totaling over 157,000 hectares in Quebec. The company also owns common shares in Dolly Varden Silver Corp. Good drilling results have just been reported from the Sakami gold project in Quebec.

Revival Gold – https://www.commodity-tv.com/ondemand/companies/profil/revival-gold-inc/ – is developing the Mercur Gold Project in Utah, where drilling is underway and showing very good results. The company is also preparing the permitting process and exploration of the Beartrack-Arnett Gold Project in Idaho. Up to 12 grams of gold per ton of rock were recently found there.

Current company information and press releases from Fury Gold Mines (- https://www.rohstoff-tv.com/mediathek/unternehmen/profile/fortuna-mining-inc/ -).

Sources: Oberbay. Volksblatt dated November 4, 2025;

https://www.goldseiten.de/artikel/677183–Technische-Marktanalyse-vom-02.11.2025~-Gold-Rohoel-Bitcoin~USD.html.

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