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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)
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- Jan 26, 2026 4:56am Posted byFundamental Analysis211
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