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Federal Reserve 13 January 2026 - 16 January 2026

Gold price dips from record highs as profit-taking bites; Fed in focus next week

Gold price dips from record highs as profit-taking bites; Fed in focus next week

Gold slipped over 1% on Friday as investors locked in gains following a surge to record levels, with easing geopolitical tensions undercutting demand for safe-haven assets. Spot gold dropped 0.5% to $4,592.29 an ounce by 1:39 p.m. ET, after hitting a low of $4,536.49 earlier. February U.S. gold futures closed 0.6% lower at $4,595.40. Marex analyst Edward Meir noted a broad pullback across commodities after weeks of strong gains, pointing out that reduced conflict in the Middle East had pared back some of gold’s “geopolitical premium.”
16 January 2026
Gold price slips from record highs as profit-taking bites; Fed bets back in focus

Gold price slips from record highs as profit-taking bites; Fed bets back in focus

Gold slipped on Friday as investors cashed in gains following recent record highs, while signs of easing geopolitical tensions dulled some of the metal’s appeal as a safe haven. Spot gold dropped 0.2% to $4,606.54 an ounce by 9:14 a.m. ET, still poised for a second straight weekly rise of roughly 2.1% after hitting a record $4,642.72 on Wednesday. U.S. February gold futures edged down 0.3% to $4,610.70. “It’s a general retreat in the commodity complex,” said Marex analyst Edward Meir, highlighting profit-taking and de-escalation in the Middle East. Data from LSEG showed markets pricing in a first quarter-point rate cut in June, while physical demand in India remained soft and China premiums stayed firm ahead of the Lunar New Year.
16 January 2026
Gold price slips from record highs as U.S. data lifts dollar, Fed meeting looms

Gold price slips from record highs as U.S. data lifts dollar, Fed meeting looms

Gold prices dipped again on Friday, following a slide from the day before as robust U.S. economic data boosted the dollar and cooled appetite for safe-haven assets. Spot gold dropped 0.3% to $4,603.02 an ounce by 0918 GMT. Meanwhile, February U.S. gold futures slipped 0.4% to $4,606.70. “There was a lot of momentum in the market, which seems to have faded slightly,” said Julius Baer analyst Carsten Menke.
Trump vs. Jamie Dimon Over Fed Independence Escalates as IMF and Fitch Warn of Higher Rates

Trump vs. Jamie Dimon Over Fed Independence Escalates as IMF and Fitch Warn of Higher Rates

International Monetary Fund Managing Director Kristalina Georgieva threw her support behind Federal Reserve Chair Jerome Powell on Thursday, emphasizing that central bank independence remains crucial as the Trump administration applies pressure amid a Justice Department probe into renovation cost overruns. “He is a very good professional, very decent man,” Georgieva said, describing the Fed as “precious” because of the dollar’s key global role.
Gold price today: record above $4,600 lifts GLD stock as Fed cut bets grow

Gold price today: record above $4,600 lifts GLD stock as Fed cut bets grow

Gold prices surged to a new high on Wednesday as safe-haven buying pushed gold-linked stocks higher amid growing bets on U.S. rate cuts. Spot gold climbed to $4,641.40 an ounce, last gaining 0.7% at $4,619.73 by 11:08 a.m. ET. Spot silver also hit a fresh record, reaching $92.23, and was up 5.6% at $91.797. “All roads are leading to gold and silver,” said Alex Ebkarian, chief operating officer at Allegiance Gold.
Powell DOJ threat shakes markets: gold tops $4,600 as dollar slips and Dow futures dip

Powell DOJ threat shakes markets: gold tops $4,600 as dollar slips and Dow futures dip

U.S. stock index futures dipped on Tuesday after the heads of the European Central Bank, the Bank of England and nine other central banks issued a rare joint statement backing Federal Reserve Chair Jerome Powell. At 5:09 a.m. ET, S&P 500 e-minis were down 0.14% and Nasdaq 100 e-minis fell 0.24%, pointing to a softer open as traders braced for U.S. inflation data expected to show consumer prices accelerated in December.
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