Gold news

The start of the new year has marked a dramatic escalation in the United States’ confrontation with Venezuela.

Gold and silver continue to move higher as the latest developments in Venezuela push investors to seek safe havens

Movement relatively contained considering the fundamental update with the technical bias still negative, while in sentiment both CoT speculators and clients are extreme buy.

Commodities have started the week with strong moves, but the direction differs based on each fundamental drivers.

Technical overview remains volatile on the precious metals front with gold no exception, and both clients and CoT speculators are majority buy.

US equities struggle to capitalise on the dovish FOMC meeting as the AI valuation concerns resurface.

Gold prices have surged since mid August of this year, continuing an historic rally that began towards the end of 2023. Since then, gold prices have more than doubled.

Markets welcome the Fed's policy outlook but concerns about complacency regarding inflation limit the upside in risk appetite

Gold hovers around $4,200 ahead of the Federal Reserve meeting as traders await key insights.

Markets tread with cautious heading into the Fed meeting this week, with focus on the revised projections into 2026.