The price of gold passed $4,700 USD per ounce for the first time on 20 January, 2026.

[Gold spot price chart from the World Gold Council shown in GMT.]
Gold $4,700 news
Gold scales new high past $4,700/oz as Trump threats fuel safe-haven demand
“Gold jumped past $4,700 per ounce for the first time on Tuesday, while silver traded near a record high, as U.S. President Donald Trump’s threats to slap extra tariffs on European allies soured global sentiment and sparked a rush into safe-haven assets.”

Gold breaks through $4,700 on weaker dollar, safe-haven buying
Gold prices hit $4,700/oz record high as Greenland jitters persist
Gold at $4,700 isn’t a peak, it’s the market pricing a more uncertain 2026

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