Gold surged past $5,400 an ounce late Wednesday, hitting a fresh high as investors continued snapping up the metal despite the Federal Reserve's pause on interest rates. Spot gold, for immediate delivery, rose 0.3% to $5,415.52 by 2246 GMT, after peaking at $5,418.39. IG analyst Tony Sycamore highlighted ongoing central-bank purchases and “flight-to-quality demand” driving the rally. The surge comes as markets juggle rate decisions and political moves. U.S. President Donald Trump announced he will soon name his choice to succeed Fed Chair Jerome Powell, whose term expires in May. Meanwhile, two Fed governors voiced opposition, backing a quarter-point rate cut. “The rally … has kind of taken on a life of its own,” said Peter Grant, senior metals strategist at Zaner Metals. Independent trader Tai Wong noted the complex is brushing off the Fed’s “hiatus mode.”
Gold surged 4% on Wednesday, holding near $5,400 an ounce in late U.S. trading. The metal’s sharp rally has also pushed silver close to record levels and lifted other precious metals. Peter Grant of Zaner Metals noted the rally “has kind of taken on a life of its own,” even as Standard Chartered warned silver might face a short-term pullback. The jump is significant now that the Federal Reserve isn’t pushing the narrative with consistent rate cuts. On Wednesday, the U.S. central bank kept its benchmark rate steady between 3.50% and 3.75%. Chair Jerome Powell noted, “The economy has once again surprised us with its strength,” a statement that dimmed hopes for rapid, easy monetary policy moves.
Gold jumped 4% on Wednesday, closing in on $5,400 an ounce for the first time as investors bought the metal amid mounting economic and geopolitical uncertainty. Spot gold — the cash price for immediate delivery — was up 4% at $5,393.19 an ounce at 4:08 p.m. ET, while February U.S. gold futures, contracts for later delivery, settled 4.3% higher at $5,303.60. The surge came even as the Federal Reserve left rates unchanged and investors largely looked past Fed Chair Jerome Powell’s remarks. “The rally in the precious metals has kind of taken on a life of its own at this point,” said Peter Grant, vice president and senior metals strategist at Zaner Metals, who warned gold is “overbought” — a technical term that can signal the price has risen too far, too fast. “Precious metals simply don't care that the Fed is clearly in hiatus mode, rather than pause,” said Tai Wong, an independent metals trader.
Gold surged 4% on Wednesday, closing in on $5,400 an ounce for the first time as investors sought refuge amid economic and geopolitical turmoil. The rally ignored widespread expectations that the Federal Reserve would hold rates steady. https://www.reuters.com/world/asia-pacific/golds-blistering-rally-continues-past-5200-dollar-plunges-4-year-low-2026-01-28/ It’s crucial now as currency shifts and central-bank policies start shaping daily prices. Gold, seen as a “safe-haven” asset—bought when investors seek refuge from market turmoil—has seen mostly one-way flows throughout January.
New York, January 28, 2026, 17:02 — After-hours Gold prices jumped on Wednesday, staying close to $5,400 an ounce. The rally extended a record streak as investors continued snapping up the metal despite the Federal Reserve's decision to hold rates steady.
NEW YORK, Jan 28, 2026, 13:37 EST — Regular session Gold prices surged past $5,300 an ounce on Wednesday, hitting a fresh record as the U.S. dollar hovered near multi-year lows ahead of the Federal Reserve’s policy announcement. Spot gold jumped 1.9% to $5,289.48 by 12:45 p.m. ET, after reaching $5,311.31 earlier. Meanwhile, U.S. gold futures for February climbed 4% to $5,286.50. The Fed’s decision is scheduled for 2 p.m. ET, with traders closely watching Chair Jerome Powell’s remarks for hints on future interest rate moves.
New York, Jan 28, 2026, 12:49 ET — Regular session B2Gold Corp’s shares on the U.S. market jumped almost 3% Wednesday, buoyed by a fresh peak in gold prices boosting mining stocks. The stock rose around 16 cents to $5.70, with roughly 27.5 million shares changing hands.
New York, January 28, 2026, 10:28 — Regular session Gold prices pushed through $5,300 an ounce on Wednesday and set a fresh peak, extending a sharp run for the safe-haven metal. Spot gold was up 1.4% at $5,259.78 by 9:13 a.m. ET, after touching a record $5,311.31, while U.S. February futures jumped 3.4% to $5,254.10.
New York, January 28, 2026, 06:12 EST — Premarket Gold prices surged past $5,300 an ounce Wednesday, hitting a new record as the dollar hovered near four-year lows and investors sought refuge in bullion. Spot gold jumped 1.7% to $5,275.68, peaking at $5,311.31, while U.S. February gold futures soared 3.7% to $5,271.70. The metal has gained over 20% this year. “Any one of the candidates … will probably be less resistant than Powell to Trump’s demands,” said WisdomTree commodities strategist Nitesh Shah, following President Donald Trump’s announcement that he will soon pick a Fed chair.
Gold broke through $5,300 for the first time on Wednesday as the U.S. dollar slid toward a near four-year low ahead of the Federal Reserve’s policy decision. Spot gold hit a record $5,311.31 and was trading around $5,305, while silver was at about $115 after touching $117.69 earlier this week. Kelvin Wong, a senior market analyst at OANDA, pointed to gold’s “very strong” inverse link to the dollar, while Tastylive’s Ilya Spivak said markets were “getting defensive” before Fed Chair Jerome Powell speaks later in the day. https://www.reuters.com/world/asia-pacific/golds-blistering-rally-continues-past-5200-dollar-plunges-4-year-low-2026-01-28/ The surge is already rippling through India, where gold and silver jumped to record highs in the spot market on Tuesday, tracking global gains during the long weekend. Gold traded above 160,000 rupees per 10 grams and silver above 360,000 rupees per kg, with futures on India’s Multi Commodity Exchange also near peaks before easing late in the session. “Silver now derives nearly two-thirds of its demand from industrial uses,” Kotak Mutual Fund wrote, flagging strong consumption from sectors such as solar, electronics and electric vehicles alongside tight supply. https://timesofindia.indiatimes.com/business/india-business/for-havens-sake-gold-silver-continue-to-rally/articleshow/127663838.cms
Gold broke through $5,300 for the first time on Wednesday as the dollar slid to near four-year lows after President Donald Trump called its value “great” and said he would soon name his pick to head the Federal Reserve. Spot gold rose 2.3% to $5,305.65 an ounce by 0832 GMT, after a record $5,311.31; U.S. February futures climbed 4.3% to $5,301.90. OANDA’s Kelvin Wong pointed to a “very strong” inverse link to the dollar, while Tastylive’s Ilya Spivak said markets were “getting defensive” ahead of Chair Jerome Powell, with the Fed expected to hold rates steady. An Economist analysis called the move part of a “debasement trade” — investors worried about fiscal splurges, fraught geopolitics and weakening institutions dumping bonds and dollars and buying gold. It said bullion is up more than 17% this year and first rose above $5,000 an ounce on Jan. 26, averaging a 0.6% daily gain on 27 stock sell-offs since April 2 last year. Holdings in gold exchange-traded funds, which let investors buy exposure to metal like a stock, have risen above 4,000 tonnes, with Asia-based ETF holdings more than tripling over two years to 460 tonnes.
Sydney, January 27, 2026, 22:01 AEDT — After-hours update Australian shares climbed nearly 1% on Tuesday, led by miners and gold-related stocks. BHP Group retook the top spot by market cap from Commonwealth Bank. The S&P/ASX 200 rose 81.5 points, or 0.92%, closing at 8,941.6, while the broader All Ordinaries gained 0.86% to finish at 9,268.5.
New York, January 26, 2026, 17:07 EST — After-hours Gold briefly soared past $5,100 an ounce on Monday, hitting a record high before pulling back. Spot gold climbed 1.42% to $5,053.37 after reaching $5,110.50. The dollar weakened ahead of the Federal Reserve’s expected decision to hold rates steady, as indicated by CME’s FedWatch tool. The dollar index dropped 0.22% to 97.01, and the yen gained ground as the dollar slid 1.05% to 154.09 yen. Meanwhile, the 10-year Treasury yield fell to 4.215%. Societe Generale analysts now forecast gold hitting $6,000 by year-end.
New York, Jan 26, 2026, 10:32 EST — Regular session Gold surged past $5,100 an ounce on Monday, hitting a new record as investors sought refuge. The rally, which kicked off the year strong, has pushed prices to unprecedented highs in January 2026.
New York, January 26, 2026, 07:22 EST — Premarket Freeport-McMoRan shares climbed 2.6% in premarket Monday, hitting $60.41 after closing Friday near $58.86.
New York, Jan 26, 2026, 06:29 EST — Premarket U.S. stock index futures edged lower on Monday, as gold miners pushed higher with bullion breaking above $5,100 an ounce. The early action suggested a cautious mood ahead of a packed week of economic reports and a key Federal Reserve announcement. S&P 500 futures fell 11.75 points, or 0.17%, while Nasdaq 100 futures dipped 88 points, or 0.34%, as of 6:09 a.m. ET.
New York, Jan 26, 2026, 06:00 — Premarket 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.
Gold blasted past the $5,000-an-ounce threshold on Monday, hitting a high of $5,110.50 before pulling back. The precious metal’s sharp rally reflects investors and central banks scrambling for safety amid geopolitical tensions and turbulence in U.S. markets. This shift is significant — it’s no longer a steady climb. Gold’s surge is pulling other precious metals along, pushing dealers and jewellers to adjust prices on their stock nearly every day.
Gold surged past $5,000 an ounce on Monday, hitting a new record amid a fresh rush to safe-haven assets. Spot gold, for immediate delivery, climbed 0.85% to $5,024.95 per troy ounce by 2341 GMT. Meanwhile, U.S. gold futures for February delivery ticked up 0.91% to $5,024.60. The shift came after a volatile week in currencies and bonds, rattled by tensions tied to Greenland and Iran that spooked markets. The yen swung wildly, underscoring the instability. The dollar index lingered close to a four-month trough as investors eyed the Federal Reserve’s policy meeting scheduled for later this week.
July 1, 2026, 1:22 AM EDT. The BSE Sensex added 181.28 points to 76,659.95 and NSE Nifty50 rose 49.90 points to 23,915.65, lifted by auto stocks but held back by a 40% rainfall deficit in June and a lack of progress in US-Iran talks. Sector action was mixed - Nifty Media up 1.63%, Nifty Metal down 0.72%. Among major Sensex players, Mahindra & Mahindra gained 2.05%, Titan added 1.44%. Bajaj Finserv lost 2.13%. Crude hovered near $73 a barrel, helping inflation views, but market tone turned cautious on geopolitics. Analysts pointed to monsoon deficiencies as an increasing drag on the farm sector and economy.