4648.300USD
Today
-4.10%
5 Days
-6.77%
1 Month
+7.63%
6 Months
+38.23%
Year to Date
+7.63%
1 Year
+66.12%
Opening Price
4777.720Previous Closing Price
4846.990The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.
Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.

Short positions below 4800 with targets at 4508 & 4397 in extension.
above 4800 look for further upside with 4955 & 5110 as targets.
short positions below 4800 with targets at 4508 & 4397 in extension.
Gold (XAU/USD) retreats more than 4% on Monday after the US President Donald Trump announced his pick to lead the Federal Reserve (Fed) in succession to the Fed Chair Jerome Powell. Economic data in the US paint an optimistic outlook as manufacturing activity improves.

The slump was triggered by the nomination of Kevin Warsh as Fed Chair, though some analysts believe the news was merely a catalyst for a correction that was already inevitable. Gold and silver have recorded epic declines, but has this downward trend bottomed out? Is it time to buy the dip?

Gold (XAU/USD) is trimming some losses on Monday after the sharp bearish correction witnessed on Friday and Monday’s Asian session. The precious metal has returned to levels near $4,800, trading at $4,766 at the time of writing, but still about 15% below Thursday's highs above $5,600.

Gold (XAU/USD) stabilises on Monday with dip-buying interest emerging after a sharp correction from last week’s surge to fresh all-time highs near $5,600. At the time of writing, XAU/USD trades around $4,770, recovering after an intraday slide of nearly 10% to over three-week lows near $4,402.

Deutsche Bank Research Analyst Michael Hsueh reiterates its bullish outlook on Gold, maintaining a target price of $6,000 per ounce. The report emphasizes that recent price corrections do not indicate a fundamental shift in investor sentiment.

TradingKey - The sharp pullback in precious metal prices this time is attributable to the combined resonance of multiple factors...Our analysis indicates that the sharp decline in the international precious metals market this time is a technical correction rather than a trend reversal, and we expect

The gold price peaked at US$5,589.38 per ounce on January 28, 2026. This is the fresh all-time high price of gold.
The opening price of gold (XAUUSD) on February 2, 2026 was USD4,850.62/ounce.
Current forecasts from major financial institutions like J.P. Morgan and UBS suggest a bullish outlook. Many analysts see gold prices trending toward the $5,000 to $5,200 per ounce range by the end of 2026, mainly driven by:
For beginners, there are two main paths:
Whether gold bullion or gold mining stocks is the better investing option, it all boils down to your investing goals.
Gold bullion is best for wealth preservation and safety. It tracks the spot price of gold directly.
As for mining stocks, they offer leverage. When gold prices rise, mining company profits often grow at a faster rate, potentially leading to higher returns and dividends. However, they carry "management risk" and are more closely correlated with the broader stock market.
Method | Best For | Liquidity | Storage Needed? |
|---|---|---|---|
Physical Gold Bullion | Long-term security | Moderate | Yes |
Gold ETFs | Easy to trade | High | No |
Mining Stocks | Growth and income | High | No |
Digital Gold | Small budget investing | High | No |
When investing in gold, it is important to understand the factors affecting gold price.
Central Bank Policies
Central Banks play a pivotal role in determining gold price today. Their interest rate decisions and gold purchase programs significantly shape the market landscape.
When central bank lowers interest rates, causing negative real returns on cash and bonds, investors will move to gold as an alternative asset.
Geopolitical and Economic Events
Gold price is also affected by geopolitical events. In times of uncertainty and crisis, such as wars or economic upheaval, gold becomes a safe haven for investors.
Market Dynamics
Variables like gold production, jewelry demand, and investment flows affects the demand and supply for gold.