Gold Prices Little Changed to Start 2025
Gold prices traded little changed at $2,626 in Asia to start 2025. The yellow metal had posted its best yearly gain on Tuesday after closing higher.
Strong central bank buying, geopolitical uncertainty and monetary policy easing fueled a record-breaking rally in safe-haven gold in 2024, pushing it to an all-time high of $2,790.15 on Oct. 31.
RECOMMENDATIONS
- Buy if price moves to around $2,631
- Sell if price moves to around $2,621
Resistance Level 2: $2,647
Resistance Level 1: $2,634
Support Level 1: $2,613
Support Level 2: $2,605
DISCLAIMER
Note: This article is only an analysis and is not a definitive reference. Pay attention to the developments in the fundamental and technical aspects of the transaction before making investment decisions.
Source: Newsmaker