Notification: Get Real-Time News Alerts For Your Portfolio Today
Powered by
TOP SECTOR EUR STABLECOIN (0%)
TOP CRYPTO MARKET CAP $0.00T
24H VOLUME $0.00B
BTC DOMINANCE 0.0%
ETH DOMINANCE 0.0%
TOP SECTOR EUR STABLECOIN (0%)
TOP CRYPTO MARKET CAP $0.00T
24H VOLUME $0.00B
Trading Articles
Search for the latest articles on trading

Gold price climbs above $2,700; upside seems limited ahead of Trump’s inauguration

James Carter
James Carter

James Carter

James is a seasoned forex trader and financial analyst with...

Full Bio

James Carter

Share

Gold prices climbed above $2,700 per ounce, marking a significant upswing as investors sought safe-haven assets amid mounting political and economic uncertainties. The rally comes ahead of Donald Trump’s inauguration, an event that has added to market jitters due to its potential impact on fiscal and monetary policies.

Despite the surge, analysts caution that the upside appears constrained. A strengthening dollar and expectations of higher U.S. interest rates could weigh on gold’s momentum, with markets closely watching for any signals of policy shifts from the incoming administration. The Federal Reserve’s outlook will also play a critical role in shaping gold’s trajectory.

Gold US Dollar 1-D Chart as of January 20th, 2025 (Source: TradingView)

Political risks, however, continue to support the precious metal. Heightened tensions around global trade and speculation over Trump’s economic agenda have fueled demand for safe-haven assets, bolstering gold’s appeal. Investors remain wary of potential volatility in equity and bond markets, further driving gold prices higher.

While gold has found strong support at recent levels, its ability to sustain gains will depend on clarity from Trump’s inaugural address and subsequent policy announcements. Until then, market participants are likely to tread cautiously, balancing geopolitical risks against the prospects of a more aggressive Federal Reserve.

Subscribe to our Newsletter

Every week, we’ll send you the latest tips, tricks, reviews and advice on how to trade to a wealthier lifestyle

View more articles by

Related Articles

Read More
Read More
Read More
Read More
Read More
Read More

Brokers Review

No reviews found in this category.

Top Stories
Silver’s time to shine is here Get ready
Silver Surges as Trump’s Tariff Plans Weaken US Dollar
NZDJPY Price Analysis Pair retreats to 87
NZD/JPY Slides as 20-Day SMA Rejection Intensifies Bearish Pressure
US Dollar
US Dollar Slips as Markets React to New Tariff Signals
AUD (1)
Australian Dollar Strengthens Amid US Data and Tariff Developments
GBPUSD (1)
GBP/USD Climbs as Risk Sentiment Improves
USDMXN Price Annual Forecast Economic slowdown, monetary policy, Trump to influence the Peso in 2025
Mexican Peso Strengthens as US Dollar Slides
Gold (2)
Gold Climbs as Market Jitters Grow Over US Tariff Uncertainty
USDCHF
USD/CHF Climbs Higher as Markets Await US Retail Sales Data
GBPUSD
GBP/USD Holds Steady Near 1.2550 as Markets Brace for US Retail Sales Data
Silver price today Silver falls, according to FXStreet data
Silver Finds Support Near $32.50 as Traders Eye US Retail Sales Data