Jan 28, 2026
positiveGold Prices Reach New Heights as Dollar Weakness Bolsters Safe-Haven Demand
Gold prices climbed to record levels above $5,300 per ounce on January 28, 2026, as the U.S. dollar weakened to multi-year lows. The surge in precious metal demand was driven by safe-haven flows amid currency market volatility and geopolitical uncertainty, with investors reallocating capital toward commodities. Broader market dynamics including central bank commentary and risk sentiment also contributed to the metal’s rally.





