Gold prices (XAU/USD) surged to nearly $4,600 during the early Asian session on Tuesday, reflecting a strong demand for safe-haven assets amid ongoing uncertainty surrounding Federal Reserve policies and increased geopolitical risks. This rise follows a brief pullback from a record high of $4,630 in the previous trading session, highlighting the metal's volatility in the face of shifting market sentiments.
The fluctuations in gold prices are closely tied to movements in the USD, with traders closely monitoring the Fed's stance on interest rates. As investors seek refuge from economic instability, the demand for gold continues to climb, affecting the exchange rates of various currencies, including the EUR and USD. With the precious metal's rally showing no signs of abating, market participants are keenly awaiting further developments that could impact trading strategies.
About FX Killer Trader Incubation Program
Want to become a professional trader? FX Killer offers a completely free professional trader training program. We provide systematic courses, practical training, and professional mentorship to help you grow from beginner to full-time trader.
👉 Join Free Training Program | Trading Psychology Assessment
Data Source: FX Killer Analysis Team Updated: 2026-01-13 01:29
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.