News · 26 January 2026
Gold Price Exceeds $5,000 Amid Global Uncertainty
Gold has surpassed $5,000 an ounce for the first time, fueled by geopolitical tensions involving the US and NATO over Greenland, and President Trump's trade policies. This historic surge, building on a 60% increase in 2025, is also driven by higher inflation, a weak dollar, and central bank activity. Silver also hit $100 an ounce. Gold's scarcity, with only 216,265 tonnes mined, and its safe-haven status contribute to its appeal during economic uncertainty.
Reported by BBC · How we write briefs