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Gold Price Forecast: XAU/USD surges to fresh record high above $5,200 ahead of Fed rate decision
Gold price (XAU/USD) rises to near a fresh record high around $5,220 during the Asian trading hours on Wednesday. The precious metal extends its upside amid a weaker US Dollar (USD), ongoing geopolitical tensions and economic uncertainty. Traders brace for the Federal Reserve (Fed) interest rate decision later on Wednesday for fresh impetus. US President Donald Trump said on Tuesday that the value of the USD is great when asked whether he thought it had declined too much. His remarks dragged the US Dollar Index (DXY) lower to its lowest level since February 2022. This, in turn, provides some support to the ... (full story)
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- Jan 27, 2026 9:15pm Posted byFundamental Analysis389
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