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Gold Price Forecast: XAU/USD consolidates near the $5,600 record high
Another day, another all-time high for Gold (XAU/USD), which has been breaking records for nine consecutive days, showing a dizzying 20% rally in less than two weeks. The pair remains bid on Thursday, as the US Dollar seems unable to perform any significant recovery.
Fxstreet
Thu, Jan 29
Gold rallies to fresh record highs on safe-haven demand amid geopolitical tensions
Gold (XAU/USD) adds another leg to its relentless rally on Thursday, building on the previous day’s solid gains of 3.87% as increased volatility and ongoing safe-haven demand continue to drive strong inflows into Bullion.Fxstreet
Thu, Jan 29
Gold: Rally continues with all-time highs – UOB Group
Gold prices surged to an all-time high above $5,500/oz, driven by US dollar weakness and expectations of further monetary easing from the Federal Reserve. The precious metal extended its rally, marking significant gains in recent sessions, notes UOB Global Economics & Markets Research.Fxstreet
Thu, Jan 29
Brent: Prices rise amid geopolitical tensions – Deutsche Bank
Deutsche Bank's report notes that Brent Oil prices have increased due to rising geopolitical tensions, particularly concerning Iran. The report mentions that Brent is trading at its highest since late-September, with a notable rise of 1.23% and further gains observed in the following morning.Gold climbs above $5,500 for the first time on record
Gold price (XAU/USD) surges to a fresh record high of $5,579 before retreating to around $5,500 in early Asian trading on Thursday. The rally of the precious metal is bolstered by strong safe-haven demand amidst persistent geopolitical tensions, economic uncertainty, and a weaker US Dollar (USD).Fxstreet
Thu, Jan 29
WTI drifts higher to four-month high near $63.50 amid US inventory drop, Iran risks
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $63.60 during the Asian trading hours on Thursday. The WTI price rises to its highest since late September as crude oil inventories drop and geopolitical tensions in Iran escalate.Gold hits fresh record above $5,300 as Trump’s USD stance fuels rally
Gold price (XAU/USD) rallies and refreshes all-time highs past the $5,300 figure on Wednesday, following the Greenback’s fall on Tuesday as US President Donald Trump said the value of the Dollar was "great" when asked in Iowa. XAU/USD trades at around $5,290, up more than 2%.Fxstreet
Wed, Jan 28
Oil: Price breakout potential amid geopolitical risks – BNY
Bob Savage, BNY's Head of Markets Macro Strategy, notes that Oil and gasoline inventories are crucial as the market anticipates potential price breakouts. U.S. Secretary of State Marco Rubio's warning to Venezuela adds to the geopolitical risks surrounding Oil.Gold Price Forecast: XAU/USD eases below $5,300 with the bullish trend intact
Gold (XAU/USD) is trading higher for the eighth consecutive day on Wednesday. The precious metal, however, has pulled back from all-time highs at $5,311 in the European session, returning to the mid-$5,200s as investors take positions ahead of the US Federal Reserve’s monetary policy decision.Fxstreet
Wed, Jan 28
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