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Gold Price Forecast: XAU/USD rises above $4,750 amid US-Europe tensions
Gold price ( XAU/USD) climbs to near $4,775 during the early Asian trading hours on Wednesday. The precious metal extends the rally and is poised for another record high amid a time of political and economic uncertainty. The speech by US President Donald Trump at the World Economic Forum in Davos, Switzerland, will be in the spotlight later on Wednesday. Traders continue to pile into safe-haven assets amid tensions between the US and Europe over Greenland. US President Donald Trump over the weekend threatened to impose tariffs on eight European nations that oppose his plans to take control of Greenland. The BBC ... (full story)
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From finance.yahoo.com | Jan 20, 2026
Gold and platinum rose to fresh records — while silver was near an all-time peak — as the worsening crisis over Greenland and a meltdown in Japanese government debt supported haven demand. President Donald Trump, who is in Switzerland for the World Economic Forum at Davos, showed no signs of backing down on his Greenland grab. That prompted the Arctic ...
From financemagnates.com | Jan 20, 2026
Crypto exchange BingX reported its traditional finance trading product surpassed $1 billion in 24-hour volume, with gold contracts accounting for more than half the total as the precious metal extended gains to test a record $4,722 per ounce. Gold trading on the platform exceeded $500 million within the 24-hour period, driven by heightened demand as ...
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