A new Bybit x FXStreet TradFi Report has been released by Bybit, which is the world’s second-largest cryptocurrency exchange in terms of trading volume. This comes at a time when speculation of a reduction in interest rates is igniting a bull run for gold and silver. An analysis shows gold’s record high of $3,508 per ounce and silver’s 40% year-to-date explosion. The research also emphasizes the fact that the Federal Reserve is expected to make a rate decision on September 17, which may possibly catalyze more gains as gold approaches the $4,000 level.
The price of gold reaches a new record high in 2025, gaining fresh momentum: The recent breakthrough in the gold price indicates that there may be a possible change from the previous high in April, which was driven by anxiety around tariffs, to fundamentals-based momentum in advance of the Federal Reserve’s projected rate decreases. As capital moves away from banks and bonds and into alternative repositories of value, non-yielding assets such as precious metal become more appealing. This is because lower interest rates and a weaker currency both contribute to this trend. In addition, the attraction of gold as a safe haven and a hedge against currency depreciation is bolstered by macroeconomic issues such as the growing global debt, the fiscal deficit, and economic concerns about inflation.
Source: TradingView
The classic gold/silver ratio is currently at 86, which is significantly higher than the 32 ratio that existed when silver reached its all-time high of $50 in April 2011. This indicates that gold is relatively expensive in comparison to silver, which creates substantial potential for upside as these wide spreads have historically narrowed over time. Silver has quietly excelled with a year-to-date increase of 40%, and it offers additional possibility for development since it remains farther behind its all-time high of $50 per ounce, which it reached in 2011.
The current RSI (Relative Strength Index) is above the 68 area, but it is still below the 83 and 88 levels, respectively, for gold and silver, during past rallies. This indicates that the strength of the market is expected to continue. As a possible fundamental event that might lead to breakthroughs, the report identifies the next decision that the Federal Reserve will make.
Gold is projected to reach $4,000 by the end of the year, which would be an extra 14% increase from its current cost, according to the report’s medium-term aim. There is a possibility that increased retail and speculative interest in silver might be triggered if the price of silver breaks over the psychologically significant $50 mark.
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