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News in English (USA) / 29.01.2026 / 08:00

Gold Prices Surge to Record Highs Amid Geopolitical Tensions and Weak Dollar

Gold has reached unprecedented heights, surpassing $5,600 as investors flock to the safe-haven asset in light of rising geopolitical tensions and a weakening dollar. The surge in gold, alongside silver, is prompting discussions about the stability of the precious metals market, with some analysts suggesting it could climb as high as $6,000. Major financial institutions have adjusted their future price targets, anticipating continued growth fueled by shifting investor sentiment and global uncertainties. The market is witnessing an explosive volatility, with gold posting its largest single-day dollar gain on record. As stock markets recover, many investors are reassessing their portfolios to include gold, sensing a growing divide between traditional equities and precious metals.
The Wall Street Journal, CNBC, Bloomberg, Reuters, The Economist, KITCO, MarketWatch, The Irish Times, CBC, Fortune