Gold prices jump as investors seek safety despite Federal Reserve decision to hold interest rates
Gold prices surged nearly 4 percent on Wednesday as investors sought safe-haven assets. The rally comes as the Federal Reserve maintains steady interest rates.
Insights:
On January 28, 2026, spot gold prices jumped 4 percent to reach $5,393.19 an ounce by 4:08 p.m. ET (2108 GMT). This sharp increase saw gold approaching the $5,400 mark as investors in the US 
USand globally sought protection against economic and geopolitical uncertainty. Simultaneously, USgold futures for February settled 4.3 percent higher at $5,303.60. The precious metal has now gained more than 25 percent since the start of the year, building on record gains achieved last year.
USand globally sought protection against economic and geopolitical uncertainty. Simultaneously, USgold futures for February settled 4.3 percent higher at $5,303.60. The precious metal has now gained more than 25 percent since the start of the year, building on record gains achieved last year.
