• Thu, Jan 15, 2026|
  • JKT --:--
  • TKY --:--
  • HK --:--
  • NY --:--

Indonesia News Portal for Traders | Financial & Business Updates

15 January 2026 17:15  |

Gold Pressured by Strong Dollar, Focus on US Data

Gold prices weakened on Thursday (January 15th) as the US dollar strengthened ahead of the release of US unemployment data. Investors tended to hold positions and reduce exposure to gold in anticipation of the jobs data, which could strengthen the Federal Reserve's stance on maintaining high interest rates for longer.

A strong dollar makes gold more expensive for global buyers, thus suppressing demand. If US unemployment data shows the labor market remains solid, pressure on gold prices could continue in the short term, although gold's function as a hedge remains relevant.

The gold price at the time of this analysis was $4,612

- Buy if the price is at $4,617

- Sell if the price is at $4,605

 

Resistance 2: $4,633

Resistance 1: $4,626

 

Support 1: $4,598

Support 2: $4,591

Disclaimer

This article is analytical in nature and is not a definitive reference. Please consider fundamental and technical developments in trading before making any investment decisions.

 

Source: Newsmaker.id

 

Related News

MARKET ANALISYS

Gold Prices Steady Ahead of US CPI Data

Gold prices rose on Wednesday (15/1) as the US dollar and Treasury yields weakened, while market participants awaited US infl...

15 January 2025 17:15
MARKET ANALISYS

Silver Pressured as Dollar Strengthens

Silver prices on Tuesday (5/27), pressured by a stronger U.S. dollar and easing demand for safe-haven assets. The dollar rebo...

28 May 2025 01:47
MARKET ANALISYS

Silver prices fall amid positive risk sentiment

Silver prices traded with a negative bias for the third straight day, despite lacking any bearish conviction during the Asian...

30 April 2025 13:00
MARKET ANALISYS

Silver Trades Stagnant as US Dollar Rebounds

Silver (XAG/USD) prices edged lower, the white metal facing pressure as the US Dollar (USD) rallied strongly after President ...

22 January 2025 01:49
BIAS23.com NM23 Ai