Gold Surges to $4,600 as Dollar Weakens Amid Fed Independence Concerns

Source: CryptoNewsNet Original Title: Gold Breaks Records, Dollar Falls After Fed’s Probe Reveal Original Link:

Market Dynamics

Gold, one of the most favored commodities in 2025, reached yet another price record, crossing the $4,600 mark on its path to $5,000. Spot gold reached as high as $4,601.17 during Sunday night hours, in a push that analysts have linked to the unrest in Iran and ongoing geopolitical tensions.

The dollar index (DXY) also fell after rising for four days, dropping to 99 points as the market processed concerns about the Federal Reserve’s independence from political pressure.

Analyst Perspectives

Market commentators attributed these movements to developing geopolitical events and concerns over institutional independence. Peter Spina noted that aggressive international policy is accelerating the rush into gold and silver, with regulatory scrutiny adding momentum to the move.

Gold bug Peter Schiff also highlighted the correlation: “This is part of the reason gold is soaring to record highs. Monetary policy remains too loose, and interest rates are too low.”

Price Forecasts

Gold has been considered one of the ultimate stores of value in uncertain times, given its safe haven properties. The rally is consistent with analyst predictions:

• UBS recently raised its gold price prediction, claiming it could reach $5,000 in Q1
• Economist Jim Rickards believes gold can rise to $10,000 in 2026

These forecasts reinforce gold’s reputation as a defensive asset during periods of macroeconomic uncertainty and geopolitical tension.