Chart of the day - gold (31.01.2025)

Gold surges to record highs supported by macro data and weak dollar 💵

Gold surged to a record $2,800 per ounce, marking a 6.70% gain year-to-date. This rally is driven by mounting geopolitical tensions, tariff uncertainties, and a weakening U.S. dollar, which premiums gold as a safe-haven asset.

Market fears over broad-based tariffs are fueling demand for gold as a hedge against economic instability.

Comex gold inventories have surged 70% since the U.S. election, reaching a value of $85 billion.
The dollar continue to decline following Trump inauguration, Fed latest meeting and softer-than-expected U.S. GDP growth data. A weaker dollar historically supports gold prices.
The Fed held interest rates steady, with Chair Jay Powell signaling a cautious approach to further rate cuts.

The record surge in gold reflects market uncertainty driven by U.S. trade policy, interest rates, and currency fluctuations. Despite the ceasefire between Israel and Hamas and the absence of immediate tariffs during Trump’s presidency, the outlook remains unclear, particularly regarding inflation and commodity prices such as oil. The Fed is not planning swift rate cuts, with the first full reduction priced in for June. Gold is reaching its highest levels today, further supported by declining bond yields.

Source: xStation 5

19 January 2026, 9:05 AM

Gold: escalating US–Europe tensions drive prices to new highs 💰

16 January 2026, 7:14 PM

Daily summary: Banks and tech drag indices up 🏭US industry stays strong

16 January 2026, 5:13 PM

Three Markets to Watch Next Week (16.01.2026)

16 January 2026, 11:09 AM

Cocoa bear market? 📉 Weak European grindings and solid African harvests drive prices

Commodities

Cookie name	Description
SERVERID
userBranchSymbol	Expiration date 1 day
test_cookie	Expiration date 1 hour
adobe_unique_id	Expiration date 364 days
__hssc	Expiration date 1 hour
SESSID	Expiration date 1 day
__cf_bm	Expiration date 1 hour
intercom-id-iojaybix	Expiration date 270 days
intercom-session-iojaybix	Expiration date 6 days
xtbCookiesSettings	Expiration date 364 days
TS5b68a4e1027
countryIsoCode
xtbLanguageSettings	Expiration date 364 days
userPreviousBranchSymbol	Expiration date 364 days
intercom-device-id-iojaybix	Expiration date 270 days
__cfruid
_cfuvid

Cookie name	Description
_gid	Expiration date 1 day
_gat_UA-98728395-1	Expiration date 1 hour
_gat_UA-121192761-1	Expiration date 1 hour
_gcl_au	Expiration date 89 days
_ga_CBPL72L2EC	Expiration date 729 days
_ga	Expiration date 729 days
__hstc	Expiration date 179 days
__hssrc
_vwo_uuid_v2	Expiration date 365 days
_ga_TC79BEJ20L	Expiration date 729 days
_vwo_uuid	Expiration date 365 days
_vwo_ds	Expiration date 29 days
_vwo_sn	Expiration date 1 hour
_vis_opt_s	Expiration date 99 days
_vis_opt_test_cookie
af_id	Expiration date 394 days
afUserId	Expiration date 730 days
AF_SYNC	Expiration date 6 days
AnalyticsSyncHistory	Expiration date 29 days

Cookie name	Description
MUID	Expiration date 389 days
_omappvp	Expiration date 3998 days
_omappvs	Expiration date 1 hour
_uetsid	Expiration date 1 day
_uetvid	Expiration date 389 days
_fbp	Expiration date 89 days
fr	Expiration date 89 days
_ttp	Expiration date 89 days
_tt_enable_cookie	Expiration date 89 days
hubspotutk	Expiration date 179 days
IDE	Expiration date 389 days
YSC
VISITOR_INFO1_LIVE	Expiration date 179 days
li_sugr	Expiration date 89 days
guest_id_marketing	Expiration date 729 days
guest_id_ads	Expiration date 729 days
guest_id	Expiration date 729 days
muc_ads	Expiration date 729 days
VISITOR_PRIVACY_METADATA	Expiration date 179 days
MSPTC	Expiration date 389 days

Cookie name	Description
bcookie	Expiration date 364 days
lidc	Expiration date 1 day
UserMatchHistory	Expiration date 29 days
bscookie	Expiration date 364 days
li_gc	Expiration date 179 days
personalization_id	Expiration date 729 days

Chart of the day - gold (31.01.2025)

Join over 2 000 000 XTB Group Clients from around the world