RE: Gold price26 Jan 2026 23:14
GOLD HITS RECORD HIGH
Spot gold rose 1.42% to $5,053.37 an ounce after hitting a high of $5,110.50. It is up more than 17% for the month.
"We now see gold reaching $6,000/oz by year-end, with the caveat that this is probably a conservative estimate and it could well go higher," analysts at Societe Generale said. The Fed is widely expected to keep rates unchanged, according to CME's FedWatch Tool, while investors will monitor comments from Chair Jerome