Gold Price Today, January 2, 2025: Strong Start to the New YearGold prices today are maintaining a sideways trend compared to yesterday, trading around the 2,634 USD level. The outlook for U.S. interest rates remains the key factor supporting gold's upward momentum. Trade policies under President Trump, along with the Federal Reserve's interest rate trajectory, will be crucial elements influencing the inflation landscape and directly impacting gold prices.
According to technical analysis, gold is currently recovering and heading towards resistance at 2,636 USD. If this level is broken, gold may continue its upward trend, with the next target set at 2,651 USD.
The current gold market still carries many uncertainties, so maintaining a solid risk management strategy and closely monitoring global developments will be essential to protect trading accounts.