Gold Surges to New Record Price, Breaking $5,000/Ounce Mark.

Friday, Jan 30, 2026 5:35 am ET1min read
AAUC--

Gold has hit a new record price, surpassing $5,000 an ounce. This has sparked M&A activity in Canada's mining sector, with China's Zijin Gold acquiring Canadian miner Allied Gold in a $5.5 billion deal. The US dollar has also declined, with President Donald Trump calling its recent decline "great."

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