Gold blasts past $5,000 to record high on safe-haven rush
Gold prices rose over 17% in 2026 as investors sought safe-haven assets amid geopolitical tensions and strong central bank purchases, including China’s extended buying spree.
- Jan 26: Gold surged to a record above $5,100, with spot gold earlier touching $5,110.50 and U.S. gold futures for February delivery rising to $5,086.30.
- Surging safe-haven demand and policy moves lifted prices, with Gold's 2025 rally driven by safe-haven demand, US monetary easing, central banks including China, and tensions over Greenland.
- Retail demand and small-business stress were evident, as gold prices set weekly peaks and rose over 18% this year, straining Australian mints and jewelers, said Cooper.
- Markets reacted with broad precious-metal gains as U.S. gold futures for February delivery rose 2.01 to $5,079.30, with spot platinum and palladium hitting multi-year records.
- Analysts project further gains as spot gold cleared resistance at $5,070 and is expected to rise into a $US5,154 to $US5,206 range, with a $US5,500 forecast for later this year, Philip Newman and Wang Tao said.
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296 Articles
The gold price has reached another record mark.
There seems to be only one direction for the precious metal – upwards. In such cases, however, experts always warn of excessive euphoria. What is currently the case for a further rise in prices.
Gold prices smash through $5,000 barrier for the first time. Here's how high it could climb.
Gold prices soared past $5,000 per ounce for the first time as investors flocked to the safe-haven asset amid rising geopolitical uncertainty and U.S. economic concerns. The precious metal topped $5,100 in trading on Monday, while silver and platinum also reached all-time highs, surpassing $100 and $2,800, respectively. Gold has nearly doubled from a year ago, when it traded for around $2,660.Monday’s rally came after President Trump said over t…
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