Gold hits $2000 for the first time ever

Spot gold continued to rise and surpassed the historic level of $2,000. Gold rally could continue especially if there is another round of QE from the US Federal Reserve and other major central banks. During today's session, gold rose 1% and silver is appreciating almost 5%. However, we are currently observing a correction move, sellers appeared at the local retracement level of 161.8% Fibo. In the event of further declines, the nearest support is located at $ 1988.8 - which is the lower limit of the 1: 1 structure.

GOLD M15 interval. Source: xStation5

20 May 2026, 19:00

Daily Summary: 6% Oil Declines Fuel Stock Gains

19 May 2026, 17:04

Cocoa gains 4% trying to rebound from the 2-week low 📈

19 May 2026, 16:19

📉 Gold loses 1.5%

19 May 2026, 15:30

BREAKING: NATO considers a Hormuz deployment if the Strait not open by July

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