Gold prices hold steady near record levels as geopolitical tensions balance Trump policy shifts
Gold prices stabilized near record peaks as traders weighed geopolitical risks in Greenland and the Middle East against a temporary pause in US-Iran tensions.
Insights:
Gold Spot remained steady near its historical peak on Thursday as global markets responded to a complex landscape of geopolitical developments and shifting policy priorities. As of 1200 GMT on January 15, 2026, the metal was trading at $4,619.54 per ounce, having pulled back slightly from the record high of $4,642.72 reached on Wednesday, January 14. Despite falling nearly 1% earlier in the session, prices found support as buyers capitalized on the intraday volatility. U.S. 
USgold futures for February delivery reflected this sentiment, edging down 0.3% to settle at $4,623.80.
USgold futures for February delivery reflected this sentiment, edging down 0.3% to settle at $4,623.80.
