Araverus Team|Monday, January 26, 2026 at 7:48 PM
Araverus Team
Jan 26, 2026 · 7:48 PM
Geopolitical Risk · Gold Prices · Safe Haven · US Dollar
Gold prices surged above $5,000 an ounce due to safe-haven demand driven by geopolitical risks and trade war fears, alongside a weak US dollar.
Precious metal futures settled higher for the day after briefly dipping earlier in the session.
Prices for gold, silver and platinum have surged to record levels, and individual investors are celebrating. The pros? Not so much.
Gold settled up 4.4% at a new record high, while silver rose 7.2%, up four of the past five sessions.
The boom in the precious metal, interrupted by Friday’s plunge, fueled a frenzy among refiners and caused major pain for companies that need the stuff.