{"id":60796,"date":"2026-01-29T10:03:48","date_gmt":"2026-01-29T03:03:48","guid":{"rendered":"https:\/\/hbbgroup.net\/breaking-gold-jumps-above-5500-for-the-first-time-on-record\/"},"modified":"2026-01-29T10:03:48","modified_gmt":"2026-01-29T03:03:48","slug":"breaking-gold-jumps-above-5500-for-the-first-time-on-record","status":"publish","type":"post","link":"https:\/\/hbbgroup.net\/vi\/breaking-gold-jumps-above-5500-for-the-first-time-on-record\/","title":{"rendered":"Breaking: Gold jumps above $5,500 for the first time on record"},"content":{"rendered":"
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Gold<\/a> price (XAU\/USD) surges to a fresh record high of $5,579 before retreating to around $5,500 in early Asian trading on Thursday. The rally of the precious metal is bolstered by strong safe-haven demand amidst persistent geopolitical tensions, economic uncertainty, and a weaker US Dollar (USD).<\/p>\n

Geopolitical tensions persisted after US President Donald Trump issued fresh warning to Iran on Wednesday. Trump urged Iran to \u201ccome to the table\u201d and negotiate a \u201cfair and equitable deal\u201d that would prohibit the development of nuclear weapons or the next US attack would be far worse. Meanwhile, Iran responded with a threat to strike back against the US, Israel and those who support them.<\/p>\n

The US Federal Reserve’s (Fed) decision to keep interest rates steady has contributed to the Gold\u2019s upside. The US central bank kept interest rates steady in the target range of 3.5% to 3.75% following its January policy meeting on Wednesday. Lower interest rates typically reduce the opportunity cost of holding non-yielding assets like gold, making it more attractive to investors.<\/p>\n

Trump said earlier on Tuesday that he will announce his pick for the new Fed<\/a> Chair soon. He added that interest rates<\/a> will significantly drop as soon as a new Fed chair is at the helm. Traders worry that the Fed would lose its independence after the appointment of a Trump candidate as Fed<\/a> Chairman, boosting the safe-haven demand.<\/p>\n

On the other hand, profit-taking in the yellow metal cannot be ruled out in the near term after a rise of more than 80% year-on-year. “The gains fuelled by sustained central bank buying, relentless momentum from trend-following funds, and strong flight-to-quality demand,” said IG market analyst Tony Sycamore. “Although the parabolic nature of the rally suggests a pullback is not far away, the underlying fundamentals are expected to remain supportive throughout 2026, positioning any dips as attractive buying opportunities.”<\/p>\n

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Gold 15-min Chart <\/figcaption><\/figure>\n
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Risk sentiment FAQs<\/h2>\n
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In the world of financial jargon the two widely used terms \u201crisk-on\u201d and \u201crisk off” refer to the level of risk that investors are willing to stomach during the period referenced. In a \u201crisk-on\u201d market, investors are optimistic about the future and more willing to buy risky assets. In a \u201crisk-off\u201d market investors start to \u2018play it safe\u2019 because they are worried about the future, and therefore buy less risky assets that are more certain of bringing a return, even if it is relatively modest.<\/p>\n<\/section>\n

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Typically, during periods of \u201crisk-on\u201d, stock markets will rise, most commodities \u2013 except Gold \u2013 will also gain in value, since they benefit from a positive growth outlook. The currencies of nations that are heavy commodity exporters strengthen because of increased demand, and Cryptocurrencies rise. In a \u201crisk-off\u201d market, Bonds go up \u2013 especially major government Bonds \u2013 Gold shines, and safe-haven currencies such as the Japanese Yen, Swiss Franc and US Dollar all benefit. <\/p>\n<\/section>\n

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The Australian Dollar (AUD), the Canadian Dollar (CAD), the New Zealand Dollar (NZD) and minor FX like the Ruble (RUB) and the South African Rand (ZAR), all tend to rise in markets that are \u201crisk-on\u201d. This is because the economies of these currencies are heavily reliant on commodity exports for growth, and commodities tend to rise in price during risk-on periods. This is because investors foresee greater demand for raw materials in the future due to heightened economic activity.<\/p>\n<\/section>\n

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The major currencies that tend to rise during periods of \u201crisk-off\u201d are the US Dollar (USD), the Japanese Yen (JPY) and the Swiss Franc (CHF). The US Dollar, because it is the world\u2019s reserve currency, and because in times of crisis investors buy US government debt, which is seen as safe because the largest economy in the world is unlikely to default. The Yen, from increased demand for Japanese government bonds, because a high proportion are held by domestic investors who are unlikely to dump them \u2013 even in a crisis. The Swiss Franc, because strict Swiss banking laws offer investors enhanced capital protection.<\/p>\n<\/section><\/div>\n<\/p><\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"

Gold price (XAU\/USD) surges to a fresh record high of $5,579 before retreating to around $5,500 in early Asian trading […]<\/p>","protected":false},"author":5,"featured_media":60797,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[222],"tags":[],"class_list":["post-60796","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ngoai-hoi"],"acf":[],"_links":{"self":[{"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/posts\/60796","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/comments?post=60796"}],"version-history":[{"count":0,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/posts\/60796\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/media\/60797"}],"wp:attachment":[{"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/media?parent=60796"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/categories?post=60796"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/tags?post=60796"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}