Decision Analysis: The US dollar suffers a devastating blow! The yen suddenly rebounds, and Gold strongly rises above 2700.

On Thursday (January 16), Asian stock markets rose, following Wall Street, while the dollar weakened due to the slowdown in core inflation in the USA, keeping the market's focus on expectations that the Federal Reserve may cut interest rates. Meanwhile, the yen rose to its highest level in a month due to expectations of interest rate hikes.

FX168Jan 16 17:21

Gold prices have successfully reached the target! Gold prices are expected to rise by more than $25 again, with day trading analysis from well-known institutions.

In the late trading session on Thursday in the Asian market, spot Gold maintained a strong trend, with the current gold price around 2,699 dollars per ounce. During the trading session in Asia, the gold price once reached the significant mark of 2,700.00 dollars per ounce. According to Economies.com, the gold price successfully reached the Target Price of 2,700.00 dollars per ounce, with the next target aiming at 2,725.00 dollars per ounce.

FX168Jan 16 15:19

This year may become a key turning point for the US dollar! Gold and Silver will both face impacts.

Macroeconomic strategists point out that one of the biggest features of 2025 will be the peak of the US dollar against other MMF, which will mark the beginning of a major trend.

Golden10 DataJan 16 14:46

Gold is brewing for a greater explosion! The "horrific data" makes its appearance today. FXStreet's chief Analyst analyzes the technical outlook for Gold.

In Thursday's Asian market, spot Gold remains firm, with the price currently around $2697 per ounce. FXStreet's chief Analyst Valeria Bednarik stated that Gold maintains a Call momentum, aiming to continue its upward trend and further rise towards record highs.

FX168Jan 16 12:20

"Bond King" Gundlach harshly criticizes the Federal Reserve for its "short-sightedness," stating that Gold is a safe haven.

The 'Bond King', Jeffrey Gundlach, CEO of Doubleline Capital, criticized the most influential central banks in the Global. He believes that the Federal Reserve has once again overlooked the bigger picture, criticizing it for relying too heavily on short-term data over the past five years and lacking strategic vision.

Golden10 DataJan 16 10:29

Gold Trade Reminder: The USA's core CPI caused a significant drop in US bond yields, pay attention to the Gaza ceasefire agreement, and monitor the "terror data."

On Thursday (January 16) in the Asian market, spot Gold fluctuated narrowly, currently trading around $2596 per ounce. Gold prices continued to rise on Wednesday, closing at $2696.61 per ounce. The core inflation data in the USA was below expectations, easing inflationary pressures and reigniting hopes that the Federal Reserve's easing cycle may not yet be over. US Treasury yields fell sharply from a near 14-month high, and the dollar weakened, providing upward momentum for Gold prices. Although a ceasefire agreement in Gaza led Gold prices to pull back, buying on dips helped Gold prices close up 0.72%, approaching the $2700 mark. US consumer prices in December recorded the lowest level in nine months.

FX678 FinanceJan 16 07:50