Gold - Overview as of 21.01.2025

Financial and commodity markets analytics


*On January 21, 2025, the gold market is showing signs of a short-term bullish trend amid significant political developments in the US. The price of gold reflects the market's reaction to the inauguration of Donald Trump as the 47th president of the USA. The growth of quotations may be a sign of uncertainty in the mood of investors. of uncertainty in investor sentiment.

*Technically, the overall trend remains upward, but resistance is still possible at current levels. resistance is still possible.

*Investors should keep a close eye on the implementation of Trump's stated policies, especially in the areas of energy and foreign trade. Trump's stated policies, especially in the areas of energy and foreign trade, as these as these factors could have a significant impact on gold prices in the in the short to medium term.