Back To Top

January 13, 2025

Gold Price Forecast: Can Gold Maintain Ground Above $2,677 Amid Rising Yields?

Gold prices struggle around $2,688, attempting to hold above the pivotal $2,677 level. Recent US jobs data has bolstered the dollar, putting pressure on precious metals, including gold and silver. Despite these challenges, gold continues to showcase resilience in the market.

Traders should monitor the relationship between rising Treasury yields and gold prices closely. As market conditions evolve, maintaining awareness of these dynamics will be crucial for making informed trading decisions regarding gold and other precious metals.

Prev Post

EUR/GBP Surges Above 0.8400 Amid Stagflation Concerns in the UK

Next Post

USD/CAD Continues Upward Trend as US Jobs Data Fuels Hawkish…

post-bars
Mail Icon

Newsletter

Get Every Weekly Update & Insights

[mc4wp_form id=]

Leave a Comment