Gold prices retreat from record highs as Greenland tensions ease

Gold prices declined on Thursday as easing tensions over Greenland reduced safe-haven demand. The pullback follows a record-breaking rally earlier this week.

洞察:
Gold prices fell on Thursday as geopolitical risks concerning Greenland DKDKmoderated, prompting investors to scale back their demand for safe-haven assets. Gold Spot eased 0.3% to $4,824.18 per ounce as of 1017 GMT on January 22, 2026. This retreat followed a period of intense buying that saw the metal hit a record peak of $4,887.82 per ounce on Wednesday, January 21. Earlier in the current session, the metal had dropped nearly 1% before stabilizing. In the United States USUS, Gold Futures for February delivery lost 0.2% to trade at $4,826 per ounce.
Gold grain is seen before being melted into 1kg gold bars during a refining process at AGR (African Gold Refinery) in Entebbe, Uganda, October 4, 2018. To match Insight AFRICA-GOLD/REFINERIES REUTERS/Baz Ratner
Gold grain is seen before being melted into 1kg gold bars during a refining process at AGR (African Gold Refinery) in Entebbe, Uganda, October 4, 2018. To match Insight AFRICA-GOLD/REFINERIES REUTERS/Baz Ratner
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