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Spot Gold Hits New Highs: Key Views and Trend Analysis
Summary of Key Conclusions: Short-term remains relatively strong but with increased volatility and potential technical corrections; medium-term bullish outlook targeting $4,900-$5,000; long-term depends on the Federal Reserve's rate cut path and geopolitical risk developments.
• As of 18:00 on January 21, 2026, London Gold is quoted at $4,865.19 per ounce, up 1.88% intraday, with a high of $4,880.43 per ounce, setting a new all-time high.
• Domestic Gold T+D is reported at 1086.1 yuan/gram, with retail prices generally around 1498 yuan/gra