Gold nears record high as investors weigh tariff and geopolitical risks
Spot gold rose on January 27 as market uncertainty and geopolitical risks drove demand. The surge follows new tariff plans and ongoing tensions with Iran.
Insights:
Spot gold rose 1.6% to $5,092.09 per ounce as of 10:12 GMT on January 27, 2026, as investors sought safety amid significant policy developments in the United States 
US. The price movement brought the precious metal close to its all-time high of $5,110.50 reached during the previous session on January 26, 2026. Simultaneously, Gold Futures for February delivery gained 0.1% to $5,089 per ounce. These gains contribute to a substantial rally in the metal, which has surged 18% year-to-date in 2026, often tracked by investors through the SPDR Gold Shares ETF .
US. The price movement brought the precious metal close to its all-time high of $5,110.50 reached during the previous session on January 26, 2026. Simultaneously, Gold Futures for February delivery gained 0.1% to $5,089 per ounce. These gains contribute to a substantial rally in the metal, which has surged 18% year-to-date in 2026, often tracked by investors through the SPDR Gold Shares ETF .
