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

2 October 2026, 15:26

Oil down nearly 5% following the announcement that European diesel reserves will be released💡

2 October 2026, 12:35

🟡Gold takes a breath, because of oil, not NFP

1 October 2026, 18:47

Daily Summary: Wall Street Recovers as Micron Shines and Oil Prices Rise Again

1 October 2026, 16:19

The US has a Diesel problem. Now Europe is being asked to open its reserves

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