During the Asian session on Thursday, spot gold broke through the $5,500 per ounce mark for the first time and approached $5,600, marking its ninth consecutive day of gains.

 

Omo9jaA1

Dear Client,

A historic move is unfolding in the gold market!

During the Asian session on Thursday, spot gold broke through the $5,500 per ounce mark for the first time and approached $5,600, marking its ninth consecutive day of gains.

Policy Boost: Fed Decision Injects “Certainty” into the Market

On 28 January local time, the Federal Reserve announced it would keep benchmark interest rates unchanged at 3.50%–3.75%. The decision was passed with a 10–2 vote, with two governors favouring a 25‑basis‑point cut, revealing a split in the vote. Moreover, Chair Powell stated that raising rates was not the base assumption for the next move.

These remarks removed the uncertainty around “rate hikes” and, to some extent, reinforced the market’s sense of “certainty” about a more accommodative policy outlook, providing fresh upward momentum for gold.

Following the release of the decision, gold continued to climb, with spot gold surging over 3% intraday to set another all‑time high.

Institutional View: The Bull Run Is Far from Over

Analysts at Standard Chartered noted that growing concerns about the Federal Reserve’s independence, rising expectations of monetary policy easing, elevated geopolitical risks, and renewed worries over trade and tariff tensions could continue to support higher gold prices.

Additionally, Societe Generale forecasts gold reaching $6,000 per ounce by year‑end.

Platform Activity: Traders Are Actively Seizing the Opportunity

Faced with this market move, Omo9jaA1 Speed clients acted swiftly. Data show that during gold’s recent multi‑day rally, the number of active clients trading gold‑related instruments grew significantly, with cumulative weekly profits already exceeding $3,100,000.

The current market phase is critical, and every price move offers rich information for decision‑making. We recommend opening Omo9jaA1 Speed now to gain insights and seize each key turning point.

Wishing you successful trading!

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