Gold prices today, January 24th: A very sharp increase.

(NLĐO) - Gold prices today, January 24th, continue to surge to new highs as demand for safe-haven assets persists.

Gold prices continue to rise today.

Early on January 24th (Vietnam time), the price of gold on the international market closed the week at $4,985 per ounce, an increase of $85 compared to the intraday low of $4,900 per ounce.

Gold prices rose sharply today as demand for safe-haven assets continued amid strong positive technical signals.

Meanwhile, European Union lawmakers are expected to vote to ratify a trade deal with the US after President Trump withdrew his threat to impose tariffs on European countries.

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However, analysts believe that this positive news will not restrict the flow of money into the gold market. This is because investors always expect gold prices to rise further as central banks' purchasing power shows no signs of slowing down.

In other financial markets, crude oil prices rose and traded around $60.5 per barrel, the US dollar index remained nearly stable, and the yield on 10-year US Treasury bonds was currently at 4.24%. These factors also strongly influenced today's gold price trend.

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Source: https://nld.com.vn/gia-vang-hom-nay-24-1-tiep-tiep-di-len-196260124065439546.htm