Amillex Daily Market Commentary | Gold & Silver Surge in Sync, Silver Jumps 10.2% in a Single Day

January 27, 2026 — Rising geopolitical tensions and escalating trade conflicts have reignited safe-haven demand, pushing market risk aversion into high gear. After US–Canada trade frictions intensified over the weekend, bullish momentum continued through January 26 and into today’s early session, supported by strong institutional inflows and elevated geopolitical risk. Spot gold surged above USD 5,110 to a new all-time high before easing to USD 5,077.22, still posting a near-2% daily gain. Silver outperformed sharply, jumping 10.2% in one session to close at USD 113.46, after hitting an intraday record of USD 117.70.

Asset Performance & Fundamental Overview

1. 미국 주식 시장

지수 성과

다우존스 산업평균지수: ~49,412 (+0.09%). After a post-Davos rebound, the Dow has entered a “base-building” consolidation at historical highs.
S&P 500: ~6,954. Despite lingering global trade tensions, the market appears to be digesting the short-term impact of tariff pressures.
나스닥 종합지수: ~25,884. Performance among tech heavyweights remains highly fragmented, with valuation-sensitive sectors continuing to face profit-taking.

주요 주식 정보

테슬라(TSLA): ~USD 435.20 (-3.09%). After several days of sharp volatility, Tesla came under renewed pressure today, slipping below the USD 440 level as market sentiment remains on high alert.

2. 외환 시장

미국 달러 지수(DXY): ~97.06. Markets are closely watching Powell’s guidance on the 2026 rate-cut path; any comments on inflation stickiness could determine whether the dollar resumes its upward trend.
유로/달러: ~1.1880. Weighed down by recent dovish signals from ECB officials and unresolved transatlantic trade tensions, the euro’s rebound remains capped, with near-term consolidation at lower levels.
USD/JPY: ~154.20. After intense volatility earlier, the yen has stabilized. As risk appetite turns neutral ahead of the US equity open, marginal safe-haven demand has eased.

3. 귀금속 및 원자재

귀금속

금 현물(XAUUSD): USD 5,046/oz. After firmly establishing above the historic USD 5,100 psychological level, gold is consolidating at elevated levels.
은 현물(XAGUSD): USD 107/oz. Silver continues to show explosive momentum, holding well above USD 100 and forming a new support zone above USD 105.

상품

WTI 원유: USD 60.88/bbl. Oil prices remain locked in a stalemate, narrowly holding above the critical USD 60 support level.

4. Crypto Assets & Macro Developments

비트코인(BTC): USD 88,236. Volatility has intensified recently. After slipping below USD 90,000, prices are oscillating above the USD 88,000 level.
이더리움(ETH): USD 2,921. ETH has rebounded above USD 2,900 but has yet to reclaim the key USD 3,000 threshold.

5. 오늘의 초점