Spot gold prices have surpassed $4,800 per ounce for the first time in history, with intraday peaks near $4,887.82/oz amid geopolitical tensions and market uncertainty.
Earlier today gold also climbed nearly 2%, hitting fresh record levels above $4,700/oz on strong safe-haven demand.
On January 20, 2026, gold reached a historic high north of $4,700/oz, supported by political risks and expectations of interest rate cuts that make gold more attractive than yield-bearing assets
