Gold Reaches Record High of $4,700/oz Amid Global Tensions and Safety Rush

Tuesday, Jan 20, 2026 7:24 am ET1min read

Gold reached a record high of $4,737.10/oz on Tuesday, driven by geopolitical tensions and concerns over monetary policy easing. Silver hovered near a fresh record high, and both precious metals have seen significant gains in recent months. Strong central bank buying, ETF inflows, and instability in policy and politics have contributed to the rise in gold and silver prices.

Gold Reaches Record High of $4,700/oz Amid Global Tensions and Safety Rush

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