The Price Of Gold Continues To Rise To A Record High

• 29.01.2026, 8:20

And it's approaching $5,600.

Gold prices continue their rapid growth and once again once again recently hit an all-time high, exceeding the mark of $5,400 per troy ounce.

Analytics attribute the rise in prices to the increased demand for protective assets amid global economic uncertainty and geopolitical uncertainty, as well as the increased demand for geopolitical uncertainty. Thus, the precious metal continued its multi-week record trend.

Analysts attribute the price growth to increased demand for protective assets amid global economic and geopolitical uncertainty. Among the key factors - the growth of public debt, tense international situation, as well as concerns about the direction of economic policy in a number of leading countries.

Additional support for the gold market is provided by central banks, which continue to increase reserves, as well as large institutional investors. According to market participants, interest in gold remains stably high even despite record price levels.

Growth was recorded in the market of other precious metals. In particular, silver approached the level of 120 dollars per ounce, while platinum also shows record quotations.

Experts note that in case of preservation of current global risks and soft monetary policy of leading central banks, gold prices may continue to remain at elevated levels.