Core Viewpoint - International gold prices surged due to escalating geopolitical tensions and uncertainties surrounding the Trump administration's criminal investigation into Federal Reserve Chairman Jerome Powell, raising concerns about the Fed's independence and the long-term outlook for the dollar [1][8]. Price Movement - Gold opened at $4,516.02 per ounce, recorded a low of $4,512.88, and later reached a high of $4,629.86 before closing at $4,597.28, marking a daily increase of $87.33 or 1.94% from the previous close of $4,509.95 [3][10]. - The price volatility for the day was $119.91, indicating strong market activity [10]. Market Outlook - The gold market is expected to continue its upward trend, with a focus on buying on dips. The upcoming U.S. core CPI data is anticipated to influence gold prices, with expectations of a potential rise in inflation leading to increased gold demand [3][12]. - The market is currently predicting two or more rate cuts by the Federal Reserve later this year, which supports a bullish outlook for gold [5][12]. Technical Analysis - On a monthly basis, gold prices have shown strong performance, recovering from previous declines and breaking new highs, which suggests a potential bull market with expectations of prices reaching between $5,500 and $6,000 [5][12]. - Weekly trends indicate that gold has regained lost ground and is positioned above key moving averages, reinforcing a bullish outlook [7][14]. Support and Resistance Levels - Key support levels for gold are identified at $4,570 and $4,530, while resistance levels are noted at $4,640 and $4,675 [15]. - For silver, support is seen at $83.00 and $81.35, with resistance at $85.60 and $87.00 [15].

Group 1 - The core viewpoint of the articles highlights the impact of geopolitical tensions and uncertainties surrounding the Trump administration's investigation into Federal Reserve Chairman Jerome Powell, which has raised concerns about the Fed's independence and the long-term outlook for the US dollar, leading to a surge in gold prices [1][3] - On January 12, gold prices opened at $4,516.02 per ounce, reached a low of $4,512.88, and then rebounded to touch the $4,600 mark before facing resistance, ultimately closing at $4,597.28, marking a daily increase of $87.33 or 1.94% from the previous close of $4,509.95 [3] - The trading session exhibited a daily volatility of $119.91, with gold prices peaking at $4,629.86 before retreating [3] Group 2 - On January 13, gold prices continued to show weakness in the early session, influenced by a strengthening US dollar index and expectations of a higher core CPI for December, which may limit bullish momentum [3] - The potential rise in CPI could enhance gold's commodity attributes, suggesting that if the CPI shows an overall decline, it may boost rate cut expectations, leading to a stronger gold price [3] - Regardless of the CPI results, the prevailing strategy remains to buy on dips, indicating a bullish outlook for gold [3]

Group 1 - The discussion around Federal Reserve Chairman Jerome Powell's future is increasing, with indications that he may fully leave the Fed after his term ends in May 2026 [1] - Powell's potential departure is influenced by the stability of the Federal Open Market Committee (FOMC) and ongoing political pressures, which may affect his decision to step down [3] - The transition of leadership at the Fed is critical, as a smooth handover is necessary for maintaining consensus and support within the committee [3] Group 2 - The potential changes in leadership are prompting a reassessment of the long-term outlook for the US dollar, with concerns about policy uncertainty arising from leadership transitions [4] - The stability of the Fed's governance structure is closely linked to the future trajectory of the dollar, alongside interest rate policies and economic data [4] - Current discussions regarding personnel changes are speculative, and actual decisions will follow legal procedures, with outcomes influenced by various factors [4]