Welcome to 2025, here’s how the year is starting

Spot pricing for Gold $AU4224

Spot pricing for Silver $AU48.39

Spot pricing for Platinum $AU1570

Here’s hoping you’ve all enjoyed a relaxing festive season.

We’re going to jump right in, as this year is shaping up to be a big one.

Trump is set to take office and the US economy is looking to get a little shaky in the next few weeks. With Trump taking the oath on the 20th January, we’re only a few days away from seeing one of America’s most controversial Presidents taking his second term in office. 

And in a very timely way, PPI and CPI is currently being readied for release from the FED. Late today we should see how inflation is performing in the US and by extension, the world. With the FED predicting a flat response, staying at an annualised CPI of 3.3%, a movement in either direction especially as Trump takes office will cause some waves in the markets.

And AI leader Nvidia caused shock waves earlier this week, commenting that Quantum computing is decades away from being useful in any meaningful way. Ironically, with many investors bundling up anything to do with either AI or Quantum computing into their portfolios - the sell off amongst top quantum computing companies in the SP500 was a painful sight to see, with some stocks losing 50% of their value overnight. Quantum stock D-Wave’s CEO Alan Baratz refuted comments from Nvidia stating that ‘We have customers that are using our quantum computers today in support of their business operations, and we have demonstrated the ability to solve important problems in the area of material simulation on our quantum computers today in minutes. That it would take well over millions of years to solve on classical computers, including massively parallel GPU systems like what Nvidia builds.’ Regardless of the muscle that NVidia are flexing to cause the sell off, D-Wave and other quantum stocks are up almost 500% from last year.

Silver suffered a poor holiday season, dipping below its 200MDA but looks to be holding steady in its space. Gold looks to be gaining further traction, holding strong above its 200MDA. 

Enjoy today’s charts.

(USD) Gold daily chart, with 200MDA

(USD) Silver daily chart, with 200MDA

US500, with 200MDA