-
Gold now costs more than $5,000 an ounce. Here's how it got to this milestone price.
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 Sunday, after silver reached a milestone of its own at $100 on Friday. "Headlines matter in the short term" - Greenland today, Iran or Venezuela tomorrow, Federal Reserve independence the day after," said Stephen Innes, managing partner at SPI Asset Management. ... (full story)
- Comments / Top
- Subscribe
-
Related Stories
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 ...
From beemarkets.com | Jan 26, 2026
As gold prices surge past $5,000 an ounce just one month into the year, major banks are racing to revise their expectations. Société Générale has become the latest international bank to issue a significant upgrade, boosting its 2026 gold price forecast from $5,000 to $6,000 per ounce. In a report published Monday, the French bank’s commodity analysts noted ...
*spot gold hits $5,000 an ounce for first time ...
