SHANGNAI, Jan. 16 (SMM) – Gold climbed above $1,250/oz as Swiss’s surprise decision to scrap its currency peg against the euro increased gold’s safe-haven appeal.
With this continue to push up the metal price?
“The jump in gold price is driven by Swiss National Bank’s action, but sustainability of price gains remains uncertain,” an analyst from Dayou Futures told SMM in a recent interview.
The metal will meet great resistance at $1,280-1,300/oz, the analyst said, adding silver prices will likely follow up gains in gold market.
The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.
For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.
![El IPP de EE. UU. de agosto supera las expectativas, impulsando las expectativas de subida de tipos; el contrato de estaño más negociado en la SHFE cae por debajo de los 410.000 yuanes [Revisión de mediodía del estaño de SMM]](https://imgqn.smm.cn/usercenter/gbiCe20251217171750.jpg)
![El estaño en la SHFE cerró en 414.050 (-2,18%) durante la noche, con posiciones largas y cortas cautelosas antes de la publicación del IPC del 11 de septiembre [SMM Noticias matutinas del estaño]](https://imgqn.smm.cn/usercenter/LLUUJ20251217171751.jpeg)
