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Federal Reserve 26 January 2026

Gold price hits $5,100 record as safe-haven buying builds; miners jump ahead of Fed

Gold price hits $5,100 record as safe-haven buying builds; miners jump ahead of Fed

Gold prices surged past $5,100 an ounce on Monday, reaching a new high as investors flocked to bullion and precious metals for safety. Spot gold climbed 2.2% to $5,093.96 by 0841 GMT, after briefly hitting $5,110.50. U.S. February gold futures also rose 2.2%, settling at $5,090.40. Silver jumped to a record $110.06, while platinum touched a fresh peak of $2,897.35.
26 January 2026
Silver price breaks $110 to a record as dollar slides on intervention talk and Fed focus

Silver price breaks $110 to a record as dollar slides on intervention talk and Fed focus

Silver prices surged past $110 an ounce on Monday, marking a new record as investors rushed into precious metals, shunning the dollar. Spot silver hit $110.06 and was last up 6.2% at $109.36 by 0841 GMT. The market jitters were fueled by Trump’s fresh tariff threat—a 100% tariff on Canada linked to a possible China trade deal. Heraeus Metals trader Alexander Zumpfe warned the sharp rally could trigger “sharp interim corrections.”
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