Core Viewpoint - The gold market experienced significant fluctuations due to geopolitical tensions and changing monetary policy expectations, with current prices showing a strong upward trend. Group 1: Market Movements - As of January 5, the latest price for London gold is $4,393.20 per ounce, reflecting an increase of $65.21 or 1.51% from the previous trading day [1] - The opening price for the day was $4,331.59 per ounce, with a daily high of $4,419.54 and a low of $4,331.59 [1] Group 2: Geopolitical and Economic Influences - The U.S. military operation in Venezuela, which resulted in the capture of the president, triggered strong risk-averse sentiment, causing gold prices to spike with a daily fluctuation exceeding $90 [2] - Market expectations for the Federal Reserve's interest rate policy are evolving, with predictions of 2-3 rate cuts in 2026 totaling 50-75 basis points, while maintaining an 85.1% probability of no rate change in January [2] - The ongoing increase in gold purchases by global central banks, particularly the People's Bank of China, which has increased its holdings for 13 consecutive months, continues to support gold prices in the long term [2] Group 3: Technical Analysis - In the early Asian trading session, London gold opened at $4,372.10 and quickly surpassed the key level of $4,390, reaching a high of $4,395.82 before consolidating in a narrow range [3] - The 4-hour chart indicates a bullish trend, with prices above the 5-day moving average of $4,370 and the 10-day moving average of $4,355, suggesting a recovery in upward momentum [3] - The daily chart shows a W-shaped bottom formation, with support around $4,300 and a neckline between $4,380 and $4,390, indicating a generally bullish technical outlook [3]
伦敦金强势跳涨超1.5% 聚焦非农指引新方向
Jin Tou Wang·2026-01-05 02:17