Home / Business and Economy / Gold Surges Past $5,300: Record High Fuels $6,000 Forecast
Gold Surges Past $5,300: Record High Fuels $6,000 Forecast
29 Jan
Summary
- Gold reached a record high above $5,300 per ounce, a near 23% gain in 2026.
- The precious metal has gained significantly, nearly doubling since March 2025.
- Silver and the Swiss franc also saw substantial gains as safe-haven assets.
Gold has achieved a new record price, soaring past $5,300 per ounce as of January 29, 2026. This impressive surge represents a gain of nearly $1,000, or 23%, in 2026 alone, continuing a remarkable upward trend from the previous year.
The precious metal's value has seen explosive growth, nearly doubling since it traded at $3,000 in March 2025. Analysts predict it could reach $6,000 by the end of 2026 if the current pace continues.
This rally is primarily driven by a flight to safety as investor appetite for the US dollar wanes. The trend is not limited to gold; silver has climbed as much as 2.7% recently, and the Swiss franc has reached a decade-long high against the dollar.
