Microsoft Corporation

The Dow Jones even managed to end a challenging day in the green zone

The Nasdaq fell for the first time in seven days because of Microsoft. But the sell-off was avoided

The cost of gold in trading on January 29 showed the sharpest decline since October. It collapsed by 5.7% after <a href="https://oninvest.com/article/zoloto-vzletelo-vyse-5500-serebro-podobralos-k-120-rynok-otorvan-ot-real-nosti">reaching a</a> new high earlier in the day, rising above $5500 per ounce. Silver was falling 8.4 percent. The decline in metals prices coincided with a slight strengthening of the U.S. dollar, Bloomberg <a href="https://www.bloomberg.com/news/articles/2026-01-29/gold-retreats-from-record-above-5-500-as-rally-momentum-slows">wrote</a>. The dollar index was up 0.3% on Thursday.

"We've reached the peak of euphoria": gold price falls sharply after record update

Antofagasta plc

Glencore plc

BHP Group Limited

Rally boosts investor interest in defensive assets amid inflation and geopolitical risks

Copper price soars 9%, gold continues to rise. Who benefits from the rally?

In the first month of 2026, the gold price rose more than 27%. The rally continues even in the absence of hot geopolitical news, which traditionally support geopolitical risks. Valery Emelyanov, an analyst at <a href="https://movchans.com/ru?utm_source=web&amp;utm_medium=referal&amp;utm_campaign=oninvest&amp;utm_content=Andrey_view">Movcchan's</a> Group of Investment Management Companies, discusses what is really behind such a rapid growth.

Gold has risen more than $1000 since the start of the year: who is behind the rally?

Meta Platforms, Inc.

Tesla, Inc.

BYD Company Limited

Gold and silver are hitting all-time highs amid geopolitical risks, debt and liquidity flow. The Fed is taking a pause in rate cuts, recognizing stronger economic growth and persistent inflation around 3%. On these and other topics - in our review of key events for the morning of January 29.

Highlights of the morning: Fed kept rates on hold, gold and silver hit records

In less than a month since the beginning of the year, gold is up nearly 30% and silver is up more than 60%

Gold soared above $5500, silver got close to $120. Is the market disconnected from reality?

Gold.com, Inc.

The bank attributes the decision to structural demand factors rather than short-term hype

Deutsche Bank raised its target price for gold to $6000 per ounce

Amazon.com, Inc.

Anthropic has raised up to $15 billion at a company valuation of $350 billion amid explosive growth in AI businesses. SpaceX is considering an IPO in mid-2026 to raise up to $50 billion at a valuation of $1.5 trillion - potentially the largest offering in history. On these and other topics - in our review of key events for the morning of January 28.

Top story for the morning: Anthropic raises up to $15 billion, SpaceX prepares $1.5 trillion IPO

The precious metal broke through $5200, the euro jumped to its highest against the dollar in nearly five years

Gold and the euro soared after Trump's words that the dollar is "doing great" 

On January 26, the dollar fell to a four-month low, gold and silver broke records and traded at the time of publication around $5130 and $112 per ounce, respectively. Moreover, silver is rising in price faster than gold. The dramatic rise in the prices of protective assets is considered a market fear indicator - investors react to geopolitical shocks. Alexey Basov, head of investment bank BSF Partners, writes in his Telegram channel <a href="https://web.telegram.org/k/#@basovalexey">"Investments of the highnet"</a> why it may be too late to enter this rally.

Dollar collapse, rising gold and silver prices and late entry risks

Newmont Corporation

Barrick Mining Corporation

Hecla Mining Company

Coeur Mining, Inc.

Shares of gold mining companies soared after the price of gold exceeded $5100 for the first time. The growth in the value of the metal increases the revenue and profitability of mining companies. Analysts do not yet predict the end of the rally.

Mining stocks rose in price following gold's record. What do analysts expect?

The market is ready to take any drawdown in gold prices as a buying chance, according to Metals Focus