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Indonesia News Portal for Traders | Financial & Business Updates

6 January 2025 19:25  |

Gold prices hold steady as jitters mount ahead of Trump inauguration

Gold prices (XAU/USD) held steady near $2,640 on Monday after surging sharply on the first trading day of 2025 as traders were eager and quick to reopen their positions trimmed ahead of Christmas.

Gold has since eased slightly, although US yields remain somewhat elevated.

While gold prices may be consolidating, a number of geopolitical components are rising. Italian Prime Minister Giorgia Meloni broke with her European stance and visited President-elect Donald Trump on her own accord.

Source: FXStreet

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