Spot gold hits $5,000 an ounce for first time | Metals Mine
Comment Options
Trader#0346
Jan 25, 2026 5:12pm
Permalink
Moves in the precious metals market are fuc'ing insane. This has become a FFA. Gold up 40$ in three minutes. Silver up 3$ in three minutes and then down 3$ in three minutes.

One thing is certain... USD is dying and the Fed is too incompetent to save it. They will not hike rates even if their lives depend on it. It really seems fiat system will collapse. Not because Gold is 5000$, but because there is no way to stop this train reaching 10000$, 20000$, 50000$. At least not with the current Fed.

Also, having Trump as the president wanting lower rates ensures that the USD is doomed.

What have they done...
Reply
Trader#E6B0
Jan 25, 2026 6:38pm
Permalink
I don't see rates going up at the next Fed Meeting on January 27-28. The USD is not dead or dying; it went down 10% in May of 2025, its been holding strong since. All this doom and gloom over Trump is wrong. He has made great investments in this country that no President has made before. The US Dollar is well and living strong.

I think Gold and Silver have been underperforming for more than a decade; it is well overdue, but the physical market is getting stretched, especially in Silver. I expect some retreat soon in both precious metals. It will likely happen after this Wednesday when the Fed fails to lower rates.
Reply

  • Related Stories

Gold tops $5,000 for the first time in 'breathtaking and profoundly scary' rally
From finance.yahoo.com | Jan 25, 2026
Gold (GC=F) rose above $5,000 an ounce on Sunday, hitting the major milestone earlier than Wall Street expected, raising questions about the stunning speed of the rally in precious metals. Gold’s surge has become a hallmark of the so-called “debasement trade,” as investors buy assets to hedge against losing purchasing power while soaring government debt ...
Gold now costs more than $5,000 an ounce. Here's how it got to this milestone price.
From morningstar.com | Jan 26, 2026
It's been a long journey for gold and silver to reach their highest levels on record, but the steep climb for both over the past 12 months has been a notable one - marked by significant, market-moving events, with many of those tied to actions by President Donald Trump. That's a big reason why gold climbed to its never-before-seen $5,078-an-ounce price on ...
Gold Price Forecast - Gold Soars Toward $5,000 as XAU/USD Eyes $5,400–$6,000 Breakout
From tradingnews.com | Jan 25, 2026 | 8 comments
Spot gold (XAU/USD) is trading just under the psychological $5,000 mark, with the latest session closing around $4,987 per ounce, up more than 1% on the day and roughly 15% in 2026 alone. The structure is no longer a slow grind higher; the tape is showing an accelerated phase where every dip into the high $4,800s–low $4,900s is bought aggressively. Instead ...
  • Story Stats