Gold price breaks $4,800 as Greenland standoff rattles markets, Davos in focus
New York, January 21, 2026, 06:11 (EST) — Premarket Gold shot above $4,800 an ounce on Wednesday, pushing its record run further as investors sought safety amid rising U.S.-Europe tensions over Greenland. Spot gold jumped 2.1% to $4,861.38 by 1024 GMT, after hitting an intraday peak of $4,887.82; February U.S. gold futures gained 2% to $4,863.10. The metal has notched…