2026-01-12 13:22:00

On the morning of January 12, spot gold broke through previous highs strongly. The current price of London gold is $4,550.880 per ounce, hitting a new historical high and surpassing the intra-day record of $4,550.520 set on December 29 last year, with a daily increase of 0.93%. COMEX gold futures also followed the upward trend, continuing their strong momentum.

Behind this round of market movement, multiple factors are contributing. Last Friday, the S&P 500 index hit a new high, while the Nasdaq 100 rose by 1.0%, indicating an increase in market risk sentiment. Meanwhile, escalating tensions in Iran directly boosted crude oil expectations, with crude oil futures rising over 2%, making it the most eye-catching profit-making asset.

However, the performance of Asia-Pacific markets has been mixed. The Nasdaq Golden Dragon China Index closed down 1.30% on Friday, while the FTSE A50 futures index closed up 0.28% in the overnight session. Overall, global financial assets have shown a pattern of uneven performance at the start of the new year.

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DaoDeveloper

· 3h ago

so gold hitting ATH while nasdaq pumps but china's getting shorted... classic risk-off mixed with risk-on vibes. the composability here is interesting—geopolitical uncertainty as a consensus mechanism for asset allocation lol. iran tensions basically acting like a merkle proof that commodities still matter in portfolio design.

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OnchainSniper

· 01-12 13:50

Gold hits a new high, can this momentum continue? It feels like crude oil is the one truly being manipulated...

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SerNgmi

· 01-12 13:50

Gold has hit a new high again, this pace is really incredible. But looking over at the A-shares, it still feels a bit cold, a tale of two extremes.

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DaoResearcher

· 01-12 13:35

From the governance data perspective, the underlying logic behind this gold breakout is actually an imbalance between risk assets and safe-haven assets. The S&P reaching new highs while Chinese concept stocks fall, and crude oil surging dramatically while the A50 index rises slightly—this clearly reflects the macro-level manifestation of the Token Weighted Voting mechanism, which is severely misaligned with incentives. The fact that gold has broken its historical high, based on my on-chain data analysis, essentially reflects the fragility of the global liquidity structure. For detailed reference, see Chapter 4.2 of the "2024 Macro Risk Assessment Report." What truly matters is whether this divergence pattern can be maintained—if the hypothesis holds, the next step should be to observe whether the Federal Reserve's governance transparency has improved. Regarding the logic that Iran's situation has pushed oil prices higher, it must be explained from the incentive mechanisms in the energy market. Don't just focus on the 2% increase; the real issue is who holds the pricing power—this is the key proposal that will determine the subsequent direction.

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GateUser-5854de8b

· 01-12 13:31

Gold has hit a new high again, but our A-shares are still hesitating... This gap is really unmatched.

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MechanicalMartel

· 01-12 13:29

Gold hits a new high again, the pace is a bit fast, can I still chase?

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