Read more
9:53 AM ยท 9 April 2024

GOLD hits new ATH ๐Ÿ“ˆ

-
-
Open account Download free app

Gold prices (GOLD) continue their dynamic upward trend, rising by over 1% just today, thereby breaking new historical highs. Escalating tensions in the Middle East related to the planned invasion of Rafah and a pullback in the futures markets of the Old Continent are supporting capital allocation in so-called "safe havens." It's also important to remember that overall sentiment in commodity markets has been very positive since the beginning of April. Apart from gold, we are observing significant increases in oil, copper, silver, and natural gas. However, looking more broadly at the fundamentals of gold's rise, these are not as clear-cut. The decline in yields has started to price in lower chances of dovish moves from the U.S. Federal Reserve, which typically posed an obstacle to the rise of precious metals.

From a statistical standpoint, over the last 6 years, gold has just broken above +1 standard deviation of its trading range. For a 4-year range, however, it is already at +2 standard deviations.

Looking at the RSI indicator, we can see that on the W1 interval, gold last showed a similar level of textbook 'overbuying' in mid-2020. Source: xStation

15 January 2026, 5:57 PM

Natural gas tries to recover after EIA report ๐Ÿ”Ž

15 January 2026, 3:08 PM

Divorce of Europe and the USA over Greenland

15 January 2026, 3:05 PM

๐Ÿšจ Oil retreats 3% - biggest drop since October ๐Ÿ“‰ Will the US hold off on striking Iran?

15 January 2026, 12:41 PM

MIDDAY WRAP: TSMC drives tech stocks; bank results in the background๐Ÿ’ก

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

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissรฃo de Valores Mobiliรกrios (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits