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Gold Surges to New Record High Above $5,100

Published January 27, 2026, 05:12
Gold Surges to New Record High Above $5,100

The price of gold reached a new record high on Monday, exceeding $5,100 per ounce, driven by increasing demand for safe investment havens amid geopolitical risks and economic instability caused by the policies of US President Donald Trump. New records were also set for the prices of silver and platinum, reaching $110.11 and $2,918.80 per ounce, respectively. The price of gold has surged by 64% in 2025, marking the largest annual increase since 1979, due to investor demand, the easing of US monetary policy, gold purchases by central banks, and record inflows into exchange-traded funds. The price has already risen by approximately 18% since the beginning of the current year. Donald Trump and the uncertainty he creates are considered the main driver of the upward price trend, as investors fear missing out on opportunities. Analysts estimate that the price of gold could continue to rise, potentially reaching $6,000, due to increasing global tensions and strong demand. Technical analysts predict further increases in the price of gold, with potential targets of $5,154 to $5,206 per ounce, and ultimately $5,427. A similar upward trend is observed in silver, platinum, and palladium.

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