Gold reaches record high above 4800 dollars as global risks intensify

Gold prices reached a historic high of 4800 dollars per ounce as investors reacted to geopolitical uncertainty and concerns over Federal Reserve policy.

Insights:
Spot Gold reached the historic milestone of $4,800 per ounce for the first time on Wednesday, January 21, 2026. By 9:30 a.m. ET (1430 GMT), Goldwas trading up 2.1% at $4,865 per ounce, having peaked at $4,887.82 earlier in the trading session. In the US USUS, gold futures for February delivery climbed nearly 2% to reach $4,858.3 per ounce. This historic price action occurred as USequity markets staged a modest recovery following their sharpest selloff in three months.
Market participants are increasingly looking toward safe-haven assets due to intensifying geopolitical tensions and domestic policy concerns. During a speech delivered in Davos, Switzerland CHCH, Donald Trump donald trumpstated that Europe is currently headed in the wrong direction. Although Donald Trumpruled out the use of force to acquire Greenland GLGL, his administration's continued interest in Greenlandhas contributed to a climate of uncertainty. Investors have increasingly allocated capital to the SPDR Gold Shares as a hedge against these global risks.
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