Gold Surges Past $5,000 for First Time Amid Geopolitical Uncertainty
Commodities
C
CNBC TV18•26-01-2026, 08:08
Gold Surges Past $5,000 for First Time Amid Geopolitical Uncertainty
- •Gold price surpasses $5,000 per ounce, reaching an all-time high of approximately $5,040.
- •The surge is driven by geopolitical uncertainty, US President Donald Trump's disruption of international relations, and investors' flight from sovereign bonds and currencies.
- •Gold has more than doubled in value over the last two years, gaining over 15% this year alone.
- •The rally coincides with a decline in non-equity assets like currencies and government bonds, particularly US Dollar-denominated assets, a trend known as the 'debasement trade'.
- •Silver also hit a record, breaking $100 per ounce, while platinum and palladium saw mixed movements.
Why It Matters: Gold hits record $5,000+ per ounce, driven by global instability and investor caution.
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