{"id":437889,"date":"2026-01-26T04:53:09","date_gmt":"2026-01-26T04:53:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/437889\/"},"modified":"2026-01-26T04:53:09","modified_gmt":"2026-01-26T04:53:09","slug":"golds-record-run-rolls-on-with-prices-surging-past-us5000-as-investors-seek-safety","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/437889\/","title":{"rendered":"Gold’s record run rolls on with prices surging past $US5,000 as investors seek safety"},"content":{"rendered":"

Gold surged to a record high above $US5,000 an ounce today, extending a historic rally as investors piled into the safe-haven asset amid rising geopolitical tensions.<\/p>\n

Gold soared 64 per cent in 2025, underpinned by sustained safe-haven demand, US monetary policy easing, robust central bank purchases \u2014 with China extending its gold-buying spree for a fourteenth month in December \u2014 and record inflows into exchange-traded funds.<\/p>\n

Today, spot gold rose 1.8 per cent to $5,071 per ounce by 1:10pm AEDT, while US gold futures for February delivery gained 1.9 per cent to $5,073 per ounce. Prices have gained more than 16 per cent this year.<\/p>\n

That puts the Australian dollar gold price around $7,325.<\/p>\n

Record gold prices driving exploration<\/a><\/p>\n

Record gold prices are driving big investment in exploration across Australia. \u00a0<\/p>\n

“We expect further upside. Our current forecast suggests that prices will peak at around $US5,500 later this year,” Philip Newman, director at Metals Focus, said.<\/p>\n

“Periodic pullbacks are likely as investors take profits, but we expect each correction to be short-lived and met with strong buying interest.”<\/p>\n

The new records repeatedly reached for gold prices through 2025 did not deter small investors from wanting a piece of the precious metal for themselves.<\/p>\n

Australian bullion sellers experienced lengthy queues, with the Perth Mint reporting thousands of customers queuing weekly in October<\/a>, to buy bars or sell jewellery.<\/p>\n

The trend continued into the new year, with buyers once again lined up in Sydney’s CBD in January, although in modest numbers.<\/p>\n

\"People<\/p>\n

People lined up outside ABC Bullion in Sydney’s CBD on January 7. (ABC News: David Taylor)<\/p>\n

Greenland threats, Ukraine-Russia reduce risk appetite<\/p>\n

Escalating friction between the United States and NATO over Greenland has added fresh momentum to gold’s advance this year on expectations of more financial and geopolitical uncertainty.<\/p>\n

On the geopolitical front, Ukraine and Russia ended a second day of US-brokered talks in Abu Dhabi over the weekend without a deal<\/a>, with more discussions expected next weekend, even as overnight Russian air strikes knocked out power for over 1 million Ukrainians amid sub-zero cold.<\/p>\n

Adding to the uncertainty, US President Donald Trump said on Saturday he would impose a 100 per cent tariff on Canada if it followed through on a trade deal with China, warning Canadian Prime Minister Mark Carney that a deal would endanger his country<\/a>.<\/p>\n

How Atlas Network shapes the world<\/a><\/p>\n

A constant battle of ideas reshapes the world we live in, and few groups have been more successful in winning the war than the little-known Atlas Network.<\/p>\n

“Our forecast for the year is that gold will see a high of $US6,400 an ounce with an average of $US5,375,” independent analyst Ross Norman said.<\/p>\n

Elsewhere on precious metals markets, spot silver rose 5 per cent to about $US108 per ounce, spot platinum was up 2.9 per cent to $US2,845 per ounce, while spot palladium rose about 2 per cent to $US2,050 per ounce.<\/p>\n

Silver climbed above the $US100 mark for the first time at the end of last week, building on its 147 per cent rise last year as retail-investor flows and momentum-driven buying compounded a prolonged spell of tightness in physical markets for the metal.<\/p>\n

ABC\/Reuters<\/p>\n","protected":false},"excerpt":{"rendered":"Gold surged to a record high above $US5,000 an ounce today, extending a historic rally as investors piled…\n","protected":false},"author":2,"featured_media":437890,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[2001,64,63,40412,99,228192,5284,45108,86554,5476,141382,40429,5285],"class_list":["post-437889","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-asx","tag-au","tag-australia","tag-bullion","tag-business","tag-commodity-prices","tag-gold","tag-gold-market","tag-gold-price","tag-investing","tag-precious-metal","tag-safe-haven","tag-silver"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/437889","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=437889"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/437889\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/437890"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=437889"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=437889"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=437889"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}