President Donald Trump accused Federal Reserve Chair Jerome Powell of "incompetence" and failing to "do his job well," citing billions of dollars in budget overruns on the Fed's headquarters renovation project.

On 11/1, Jerome Powell, chair of the US Federal Reserve (Fed), confirmed that federal prosecutors have opened a criminal investigation into him.

Global gold prices are heading towards the $4,600 mark, driven by geopolitical instability and last week's US jobs report.

The Ministry of Finance proposes that the State Treasury increase its deposit limits for idle funds at commercial banks to improve liquidity at year-end.

Geopolitical instability and expectations of US interest rate cuts continue to support the precious metals market on January 2.

Opening the first trading session of 2026, global spot gold and silver prices simultaneously increased.

Precious metal prices declined on 31/12, partly due to investors selling to lock in profits after a booming year.

Expectations of a Federal Reserve interest rate cut remain the primary driver for the gold market this week, pushing prices above the 4,200 USD mark.