Major news from Russia and Ukraine ignites safe-haven demand! Gold prices soar nearly 17 dollars. How to trade Gold? Technical strategist analysis of gold prices.

On Thursday, driven by safe-haven demand, spot Gold prices rose significantly. However, trading was light after the Christmas holiday. Daniel Pavilonis, a senior market strategist at RJO Futures, stated: "The rise in Gold is partly due to the situation between Russia and Ukraine, as Russia attacked Ukraine's Electrical Utilities."

FX16843minutes ago

GLD ETF Climbs 0.7%

Dow Jones05:35

Famous investor Zuroff: 2025 will be 'the hell for investors, the paradise for traders.'

Well-known investor Felix Zulov believes that the US stock market will peak next year, followed by a significant correction and then a new high. Ultimately, the stock market will reach a critical crossroads, leading to a bear market.

Balen ChineseDec 26 21:57

Gold is hovering around 2625: Will there be no major movements by the end of the year? The market is eagerly anticipating Trump's return to power.

FX168 Financial News Agency (Asia-Pacific) reported that on Thursday (December 26), with trading volume thin due to the holiday, Gold rose, mainly supported by safe-haven demand from geopolitical tensions.

FX168Dec 26 18:10

Major event in the international Gold market! Hong Kong's "Golden Opportunities": Hong Kong establishes an Exchange and plans to build a vault and digital gold.

Starting from January 1, 2025, a new trading institution named "Hong Kong Gold Exchange" will be established in the Hong Kong Special Administrative Region of China. This institution will be rebranded and corporatized from the gold and silver trading hall that has been operating locally for 114 years. The Chairman of the Exchange, Zhang Dexi, stated that the establishment of the Exchange aligns with the proposals in the "Policy Address" to enhance Hong Kong as an international gold trading center, believing that the future responsibilities of the Exchange will be significant.

FX168Dec 26 08:09

The Federal Reserve's "hawkish" stance limits the increase! Gold price at 2616, holiday trading is sluggish. FXEmpire's latest technical analysis on Gold, Dollar, and Euro.

The Federal Reserve's tough interest rate stance limits the rise in Gold, and with the West entering the holiday week, the Gold price is fluctuating around 2616 USD, while the USD maintains a strong market.

FX168Dec 25 15:22