Record High: JFXGOLD X Physical Gold Tops US$ 4,400/Troy Ounce.

The price of JFXGOLD X physical gold has hit another record high. After opening at an elevated level in early December, gold prices have continued to strengthen toward the end of 2025. This rally has persisted for three consecutive days and remains ongoing in today’s trading.

Unlike previous sessions, today’s surge is particularly significant. Over the last two days, JFXGOLD X physical gold prices strengthened by 1.44%, breaking the previous high of US$ 4,381.8 per troy ounce. Riding the year-end euphoria, JFXGOLD X—which is traded based on global market prices—surged by another 2.43% today. This increase pushed the price to a new all-time high of **US$ 4,488.65 per troy ounce**, equivalent to approximately Rp2.4 million per gram.

This price surge is driven by several global factors, primarily market expectations regarding U.S. monetary policy. Investors are hoping that the U.S. Federal Reserve (The Fed) will continue its monetary easing cycle into next year.

Furthermore, gold's strength is supported by solid fundamentals, including the potential for deeper U.S. interest rate cuts, falling real yields, and consistent gold purchases by central banks and Exchange-Traded Funds (ETFs). The price spike is also bolstered by safe-haven inflows amid rising geopolitical tensions between the U.S. and Venezuela. Meanwhile, silver prices have also reached an all-time high.

Quoting Reuters, an analyst from Nemo.Money stated that short-term support for gold stems from the escalating U.S.-Venezuela tensions. He views the current price movement as a continuation of momentum following a bullish consolidation phase during lower-volume holiday trading. "The clear target for gold buyers is US$ 5,000 next year," he remarked.

Robby Leonardo, Head of Research, Analyst, and Market Development at Metalbank Global Monetary, added that gold is nearing its peak due to the likelihood of larger rate cuts and increased safe-haven demand from central banks. He noted that institutional hedging—reflected in high option skews—alongside geopolitical uncertainty and Fed expectations, has created a market profile that tends to "buy the dip" during price corrections.

Historically, gold as a safe-haven asset performs well during periods of geopolitical and economic uncertainty. Throughout this year, JFXGOLD X physical gold has soared by more than 67%, marking its largest annual gain in history. This rally has been fueled by aggressive central bank buying, heavy safe-haven flows, and lower global interest rates.

Monitoring of digital physical gold prices and transactions on the JFX Commodity Exchange via the JFXGOLD X platform can be accessed through the METALGO+, NUNOMICS, and Pospay Gold applications.