Gold prices rise over 4% in January, on track for best monthly gain since September
2 months ago

Gold prices rise over 4% in January, on track for best monthly gain since September

Live Mint  

Gold price today: It appears that investors around the world are parking their investments in safe-haven assets like gold, as they did in the previous calendar year as fresh concerns over Donald Trump’s tariff plans and elevated stock valuations are prompting them to exit risky assets in 2025, putting equity markets under significant pressure. Additionally, prices have found support from the drop in interest rates, as major central banks around the world are expected to continue their dovish monetary policies in 2025. Chainani also pointed out that the dollar’s decline, in response to Trump’s comments about softening tariffs and accepting a trade agreement with China, has coincided with gold’s ascent to a new all-time high. With the central bank expected to keep interest rates steady, focus will be on Fed Chair Jerome Powell's speech and how the central bank will respond to President Donald Trump's calls for interest rate reductions.

History of this topic

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