Gold price today: record above $4,600 lifts GLD stock as Fed cut bets grow
NEW YORK, Jan 14, 2026, 13:46 EST — Session ongoing. Gold prices surged to a new high on Wednesday as safe-haven buying pushed gold-linked stocks higher amid growing bets on U.S. rate cuts. Spot gold climbed to $4,641.40 an ounce, last gaining 0.7% at $4,619.73 by 11:08 a.m. ET. Spot silver also hit a fresh record, reaching $92.23, and was up 5.6% at $91.797. “All roads are leading to gold and silver,” said Alex Ebkarian, chief operating officer at Allegiance Gold. (Reuters) This matters because the latest U.S. inflation data keeps the “soft landing” story intact, while still leaving room