After following a downtrend during the last two months of 2024, Gold prices are now on an uptrend in January 2025. The prices have surged continuously amid the market volatility sparked by the softened dollar and lack of clarity around U.S. President Donald Trump’s policy plans, raising investors’ concerns.
In a recent session, Gold prices soared to near three-month highs. Spot gold rose 0.1% to $ 2,753.19 per ounce, reaching its highest since October 31, when the prices hit their all-time high of $2,790.15. Also, U.S. gold futures settled at $2,765 during the same session.
