The US dollar slipped while Asian currencies traded quietly after developments involving the Fed chair raised concerns over the central bank’s independence.

Global gold prices remain above USD 4,500 per ounce amid rising geopolitical risks and shifting monetary policy expectations, supporting a positive outlook for 2026.

Silver prices edged lower on January 9, 2026, as the precious metals market entered a short-term correction phase following the strong rally recorded at the end of 2025. During the Asian trading session, XAG/USD traded around the $76.5–77.5 per ounce range, reflecting increased selling pressure from short-term investors.

Bitcoin and Ethereum prices fell slightly after Fed Chair Jerome Powell hinted that the 25-basis-point rate cut in October might be the last of 2025, cooling investor optimism across global financial and crypto markets.

Bitcoin moved above $91,000 as expectations of a Federal Reserve rate cut continued to build. Altcoins also advanced, while a major $10 billion acquisition in South Korea added further support to overall crypto market sentiment.

Vietnam’s domestic fuel prices recorded a sharp decline in the latest adjustment on November 27. RON95-III fell to 20,000 VND/liter, while diesel dropped to 18,800 VND/liter, in line with the downward trend of global energy markets.

China may be purchasing gold at ten times its reported levels, lifting reserves above 5,000 tons and becoming a major driver of the global gold rally.

Gold prices climb in Asian trading as weak U.S. economic data boosts expectations of a Federal Reserve rate cut in December, while a softer dollar provides support.

Gold prices rose in Asian trading as markets priced in a higher chance of a December Fed rate cut and safe-haven demand increased amid geopolitical tensions.

Deutsche Bank expects the US dollar to weaken 6% by end-2026, driven by valuation, current-account deficits and monetary policy cycles.

S&P 500 and Nasdaq surged as Alphabet reignited the AI rally with its Gemini 3 launch. Wall Street rebounded sharply ahead of Thanksgiving holiday trading.

Gold prices strengthened in Asian trading as fiscal concerns in Japan, uncertainty around US rate cuts, and global market volatility boosted safe-haven demand. Here is the full analysis of what’s driving the move.