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Indonesia News Portal for Traders | Financial & Business Updates

26 January 2026 08:32  |

Gold Makes History, Markets Seek Safety

Gold broke through $5,000/oz for the first time, continuing its rally after an 8.5% rally last week. The main driver: a weakening dollar (the Bloomberg Dollar Spot Index fell 1.6%, its worst since May), making gold cheaper for global buyers. In Asia, gold rose 0.8% to $5,029.05 at 7:22 a.m. Singapore.

The fundamentals remain risk-off: investors are fleeing currencies and bonds due to geopolitical/policy uncertainty. Gold has doubled in two years and is up 15% year-to-date; the next catalyst remains expectations of the Fed's direction (potentially more dovish), which supports the non-yielding metal, with the risk of profit-taking if the headlines subside.

The gold price at the time of this analysis was $5,070

- Buy if the price is at $5,082

- Sell if the price is at $5,058

Resistance 2: $5,105

Resistance 1: $5,096

Support 1: $5,042

Support 2: $5,026

Disclaimer

This article is analytical in nature and is not a definitive reference. Please consider fundamental and technical developments in trading before making any investment decisions.

Source: Newsmaker.id

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