JFXGOLD X 2025 Retrospective: A Record-Breaking Year for Physical Gold
Jakarta, MetalNews Digital — Gold price movements throughout 2025 recorded a significant strengthening trend in both the global market and the domestic physical gold trade. This surge was driven by global political dynamics, U.S. monetary policy, and rising investor demand for safe-haven assets amid global economic uncertainty.
At the start of the year, in January 2025, gold prices rallied sharply following the inauguration of U.S. President Donald Trump. A weakening U.S. dollar and market concerns regarding the direction of U.S. trade policy fueled the demand for gold as a hedge.
The momentum continued into February 2025 after JFXGOLD X physical gold prices hit new records in January. As the month progressed, market participants closely monitored the sustainability of this upward trend, even as profit-taking began to emerge.
In March 2025, JFXGOLD X physical gold prices broke through the psychological level of US$3,000 per troy ounce. The spike was triggered by a weakening greenback, escalating geopolitical uncertainty, and fears of a global economic slowdown.
Entering April 2025, gold saw a limited correction. This dip was caused by profit-taking following the rally since the beginning of the year. However, the correction did not alter the overall long-term bullish trend.
By June 2025, gold prices regained significant strength. Global geopolitical tensions and rising expectations of interest rate cuts by the U.S. Federal Reserve became the primary catalysts for the price hike.
In the second half of the year, market volatility intensified. In August 2025, a weakening U.S. dollar and market anticipation of the Fed’s policy direction kept gold prices at elevated levels for several weeks.
By September 2025, several analysts projected that gold had the potential to continue its rally toward the US$5,000 per troy ounce mark. This projection was supported by sustained high demand for safe-haven assets and ongoing global economic instability.
A new record was set in October 2025, with JFXGOLD X physical gold prices breaking the IDR 2.2 million per gram range. During the same period, the gold trading ecosystem was further strengthened by a collaboration between the Jakarta Futures Exchange (JFX), Bullion Ecosystem International (BEI), and M-DAQ Global to launch the TRC Solution, a multi-currency trading solution.
In November 2025, gold prices underwent a brief correction in response to the U.S. central bank's interest rate policy. However, prices rebounded after U.S. political uncertainty eased following the end of a government shutdown.
As the year drew to a close, price movements remained volatile. In December 2025, investors awaited the Fed’s final monetary policy decision. By the end of the month, JFXGOLD X physical gold recorded an all-time high, surpassing US$4,500 per troy ounce.
Throughout 2025, gold demonstrated consistent growth despite short-term corrections. This performance reaffirms gold’s position as the primary hedging instrument amidst global economic and geopolitical uncertainty.
As of today, Wednesday (12/31/2025), JFXGOLD X physical gold closed the year with a total gain of 68%. This year's price increase for JFXGOLD X is recorded at twice the growth rate seen in 2024.
With this achievement, JFXGOLD X's performance in 2025 underscores its role as a premier safe-haven asset. The 68% annual surge reflects a powerful combination of geopolitical tension, global monetary policy shifts, and a transition in investor preference toward low-risk instruments.
Looking ahead, gold prices are expected to remain sensitive to U.S. interest rate policies, geopolitical stability, and U.S. dollar exchange rate dynamics. However, closing 2025 at a record high demonstrates that gold remains one of the most resilient instruments for preserving asset value amidst global economic turmoil.
Digital monitoring of physical gold prices and transactions on the JFX Commodity Exchange via the JFXGOLD X platform can be accessed through the METALGO+ and NUNOMICS apps, as well as the Pospay Gold feature within the Pospay application.
Disclaimer: The price information and market analysis provided are for informational purposes only and do not constitute investment advice. Market conditions can change rapidly. Please conduct personal analysis and consideration before making any investment decisions.
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