After ending last year with record gains, gold prices rose in Asian trading on Friday, the first trading day of 2026. Demand for gold increased again due to the decline in the value of the US dollar and expectations of interest rate cuts.
After falling from record highs in the last week of 2025, gold prices rose when markets reopened after the New Year holiday.
The fact that the Federal Reserve cut interest rates several times throughout the year, and that markets were betting on another interest rate cut in 2026, were key factors contributing to this price increase.
