Gold - Overview as of 22.01.2025

Financial and commodity markets analytics


Against the backdrop of a temporary pause in tariff policy, yields on U.S. Treasury U.S. Treasury yields declined. The U.S. dollar retreated 0.1%, reaching levels near a two-week low. Against this backdrop, gold prices reached an 11-week high, approaching a record peak near the $2790 mark, which was set at the at $2790, set last October. While gold serves as a hedge against inflation and economic instability, its attractiveness could diminish if Trump's policies force the Federal Reserve to keep interest rates at high levels. levels. The U.S. Federal Reserve meets next week and at the moment the markets expect the key rate to remain unchanged. markets expect the key rate to remain unchanged.