BlockBeats News, January 23 — Spot gold continues to strengthen, reaching a daily high of $4,960.65 per ounce, setting a new all-time high. The monthly increase has reached 15%. Amid repeated shocks from Trump’s tariffs and geopolitical rhetoric, global market risk appetite has rapidly cooled, with funds flowing quickly into precious metals and other safe-haven assets.
BiyaPay analysts believe that gold currently possesses both short-term and long-term dual upward momentum, and its decreasing correlation with the stock market significantly enhances its diversification value in asset allocation. The overall precious metals sector has entered a trend-based upward phase, and gold prices still have room to rise. Against the backdrop of “de-dollarization,” geopolitical uncertainties, and continuous central bank accumulation, gold’s structural support remains solid. Short-term pullbacks are more likely to be seen as opportunities for positioning rather than trend reversals.
Through BiyaPay, investors can flexibly participate in US stocks, Hong Kong stocks, options, futures, and digital currency trading using USDT, enabling multi-asset allocation and risk hedging in a high-volatility environment.
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BiyaPay Analyst: Gold Approaches $5000, Up 15% This Month
BlockBeats News, January 23 — Spot gold continues to strengthen, reaching a daily high of $4,960.65 per ounce, setting a new all-time high. The monthly increase has reached 15%. Amid repeated shocks from Trump’s tariffs and geopolitical rhetoric, global market risk appetite has rapidly cooled, with funds flowing quickly into precious metals and other safe-haven assets.
BiyaPay analysts believe that gold currently possesses both short-term and long-term dual upward momentum, and its decreasing correlation with the stock market significantly enhances its diversification value in asset allocation. The overall precious metals sector has entered a trend-based upward phase, and gold prices still have room to rise. Against the backdrop of “de-dollarization,” geopolitical uncertainties, and continuous central bank accumulation, gold’s structural support remains solid. Short-term pullbacks are more likely to be seen as opportunities for positioning rather than trend reversals.
Through BiyaPay, investors can flexibly participate in US stocks, Hong Kong stocks, options, futures, and digital currency trading using USDT, enabling multi-asset allocation and risk hedging in a high-volatility environment.