ASX Market Update: Gold and Silver Prices Soar Amid Tensions (2026)

The Australian stock market is anticipated to start the day on a downward trend, as gold and silver—often considered safe haven investments—witness significant price increases amid rising geopolitical uncertainties.

Although Wall Street was closed for trading on Monday in observance of Martin Luther King Jr. Day, futures for U.S. markets are indicating a likely decline when they resume trading on Tuesday morning.

Stay updated with the latest financial news and expert insights from our dedicated business reporters on our live blog.

Disclaimer: Please note that this blog does not provide investment advice.

Noteworthy Events

  1. Just 12 minutes ago: As of 8:50 PM AEDT on January 19, 2026, the market is reacting to various developments.

  2. 45 minutes ago: At 8:17 PM AEDT, updates were shared about the market's status.

  3. Pinned Update: 37 minutes ago at 8:25 PM AEDT, a snapshot of the current market conditions was provided.

Market Overview by Adelaide Miller

- ASX 200 futures: Decrease of 0.4%, landing at 8,810 points

- Australian dollar: Increased by 0.5%, now at 66.13 US cents

- U.S. futures: Dow futures down 0.8%, S&P 500 futures down 0.9%

- FTSE: Down 0.4%, currently at 10,195 points

- Spot gold: Up 1.6%, reaching $4,670 per ounce

- Oil (Brent crude): Slight increase of 0.03%, priced at $64.15 per barrel

- Iron ore: Decrease of 1.3%, down to $104.95 per ton

- Bitcoin: Dropped by 2.3%, now valued at $93,158

Note: Prices reflect the situation around 7:20 PM AEDT.

Important Events This Week

By Adelaide Miller

Several significant national and international occurrences are on the horizon this week, which may influence market movements:
1. U.S. President Donald Trump is scheduled to address the World Economic Forum in Davos, Switzerland early Thursday morning, Australian time.
2. A ruling from the U.S. Supreme Court regarding Trump's global tariff policies may be announced tomorrow morning, Australian time, potentially classifying them as illegal.
3. Australia's employment figures, including the latest unemployment rate, will be released on Thursday, showcasing data from December 2025.

Monday Finance Insights

With Alan Kohler

By Adelaide Miller

If you’re eager for a quick recap of yesterday’s market activities, Alan Kohler can provide insights into the local share market and discuss investor sentiment, especially given the escalating trade tensions between the U.S. and Europe.

Greetings

By Adelaide Miller

Good morning everyone, and welcome to Tuesday!

I’m Adelaide Miller, here to steer you through the latest developments in business, economics, and the stock market over the next few hours.

It appears that the Australian stock market is poised to open lower, down 0.4% at 8,810 points.

While U.S. markets were closed yesterday, futures indicate a downturn upon their reopening on Tuesday morning.
Gold and silver have hit new record highs, with gold rising by 1.6% and silver increasing by 5.3%.

The Australian dollar is trading at 67 U.S. cents.

So, grab your morning coffee and stay tuned for more updates!

ASX Market Update: Gold and Silver Prices Soar Amid Tensions (2026)

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