Read more
5:11 PM · 26 January 2023

Gold slides amid higher yields and stronger USD

GOLD
Commodities
-
-

Gold price fell over 1.0% and tested $1920 mark on Thursday, pulling further away from nine-month highs as recent US data, including upbeat GDP, Claims and Durable Goods Orders reports, pushed the benchmark 10-year US Treasury bond yield above 3.5% and strengthened greenback, which in turn puts pressure on precious metals. Elevated volatility is expected on Friday, as Fed's preferred inflation gauge - Core Personal Consumption Expenditures (PCE), will be released. From a technical point of view, gold price pulled back after an unsuccessful attack on the crucial resistance zone around $1950. As long as price sits below this level, a larger downward correction may take place. Nearest major support to watch can be found around $1890. This level is marked with previous price reactions and 23.6% Fibonacci retracement of the upward wave launched in May 2019. Also hidden bearish divergence occurred on the Momentum indicator which additionally supports sellers.

GOLD, W1 interval. Source: xStation5 

15 December 2025, 6:49 PM

Daily Summary: Tech sector fears send markets lower

15 December 2025, 2:49 PM

🍫Cocoa Retreats from Monthly High

15 December 2025, 6:54 AM

Morning wrap (15.12.2025)

12 December 2025, 6:56 PM

Daily Summary: End of the week in the red, tech rally waning

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 Comissão de Valores Mobiliários (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