Goldify Pro
Live Gold Rates & Tools
On this day — January 11, 2025
Saturday — the international gold market is closed. Most retail jewellery markets, especially in Asia and the Middle East, see peak Saturday foot-traffic and physical trade activity.
Day 11 of 365 · Q1 2025 · 3.0% through the year
January 2025 gold market: Record run resumes on rate-cut hopes
BullishRate-cut expectations and central-bank demand reignited the record run.
Gold opened 2025 strongly as markets positioned for future Fed rate cuts and a new US administration brought immediate policy and tariff uncertainty. Falling rate expectations pressure bond yields and the dollar while making non-yielding gold more attractive — and continued record central-bank buying reinforced the bid from day one.
What drove gold in January 2025
- Fed rate-cut expectations
- record central-bank buying
- geopolitical and policy uncertainty
- weaker-dollar positioning
Key events in January 2025
- Jan 20Trump inaugurated; tariff threats lift safe-haven and hedging demand
What happened next
Persistent inflation worries and accumulating institutional demand kept the uptrend intact into February.
For gold buyers
January set the tone for a historic year — with rate cuts expected and central banks buying relentlessly, gold's path of least resistance was higher.
Jan 11 across the years — 2020 → 2021
| Year | Jan 11 close | vs prior | |
|---|---|---|---|
| Jan 11, 2021 | $1,847.30 | +18.90% | View |
| Jan 11, 2020 | $1,553.60 | — | View |