{"id":69289,"date":"2026-01-29T09:45:22","date_gmt":"2026-01-29T09:45:22","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2026\/01\/29\/gold-extends-record-rally-on-dollar-weakness\/"},"modified":"2026-01-29T09:45:22","modified_gmt":"2026-01-29T09:45:22","slug":"gold-extends-record-rally-on-dollar-weakness","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2026\/01\/29\/gold-extends-record-rally-on-dollar-weakness\/","title":{"rendered":"Gold Extends Record Rally On Dollar Weakness"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> Gold jumped nearly 2 percent to touch a new peak above $5,550 an ounce on Thursday, prompting some experts to raise yellow flags about what comes next.<\/p>\n<p>Spot gold traded up 1.9 percent at $5,518.27 an ounce, after having touched a new peak of $5,595.44 earlier. U.S. gold futures were up 3.9 percent at $5,547.71. <\/p>\n<p>The dollar weakened, halting Wednesday&#8217;s bounce, as concerns over the Federal Reserve&#8217;s independence, combined with ongoing fiscal pressures and tariff worries overshadowed comments from U.S. Treasury secretary Scott Bessent that Washington was still pursuing a &#8220;strong dollar policy&#8221;.<\/p>\n<p>The metal&#8217;s stellar run has also been aided by rising tensions between the United States and Iran. <\/p>\n<p>U.S. President Donald Trump has warned Iran that &#8220;time is running out&#8221; to negotiate a deal on its nuclear program following the steady build-up of U.S. military forces in the Gulf.<\/p>\n<p>In response, Iran&#8217;s Foreign Minister Abbas Araghchi said the country&#8217;s armed forces were ready &#8220;with their fingers on the trigger&#8221; to &#8220;immediately and powerfully respond&#8221; to any aggression by land or sea.<\/p>\n<p>Investor reaction to the Federal Reserve&#8217;s interest-rate decision was muted and market participants are now waiting to see whether the federal Government will be forced to shut down this Friday, once again, over DHS funding. <\/p>\n<\/p>\n<p>Market Analysis<\/p>\n<\/div><\/div>\n<p><script type=\"text\/javascript\">\n        window.fbAsyncInit = function () {\n            FB.init({\n                status: true,\n                cookie: true,\n                xfbml: true\n            });\n        };\n        (function (d) {\n            var js, id = 'facebook-jssdk'; if (d.getElementById(id)) { return; }\n            js = d.createElement('script'); js.id = id; js.async = true;\n            js.src = \"https:\/\/connect.facebook.net\/en_US\/all.js\";\n            d.getElementsByTagName('head')[0].appendChild(js);\n        }(document));\n    <\/script><br \/>\n<br \/>\n<br \/>Gold Extends Record Rally On Dollar Weakness<\/a><br \/>\n<br \/>2026-01-29 09:45:22<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold jumped nearly 2 percent to touch a new peak above $5,550 an ounce on Thursday, prompting some experts to raise yellow flags about what comes next. Spot gold traded&#8230;<\/p>\n","protected":false},"author":2,"featured_media":69290,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.unsplash.com\/photo-1585504256855-6718f7a693ae?ixid=MXwxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHw=&ixlib=rb-1.2.1&auto=format&fit=crop&w=934&q=80","fifu_image_alt":"","footnotes":""},"categories":[28],"tags":[],"class_list":["post-69289","post","type-post","status-publish","format-standard","has-post-thumbnail","category-us-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/69289","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=69289"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/69289\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/69290"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=69289"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=69289"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=69289"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}