Gold price tops $4,800 per ounce for first time

The price of gold passed $4,800 USD per ounce for the first time on 21 January, 2026.

[Gold spot price chart from the World Gold Council shown in GMT.]

Gold $4,800 news

Gold zooms past $4,800 for the first time as Greenland tensions simmer
“Gold prices were boosted to a record high above $4,800 ‌per ounce on Wednesday, as investors looked to the metal as a safe haven after a broad selloff in U.S. assets on heightened tensions between the U.S. and NATO over Greenland.

Spot gold climbed 2.1% to $4,862.46 per ounce by 0446 GMT, after scaling a record $4,865.73 earlier in ‌the session. U.S. gold futures for February delivery climbed 2% to $4,861.20 ​per ounce.”

Gold surges past $4,800/oz to new record high amid Greenland tensions
“Gold prices smashed through $4,800 an ounce on Wednesday, scaling another record high as escalating tensions linked to Greenland and renewed trade frictions rattled global markets and drove investors toward safe-haven assets.”

Gold surges above $4,800 as geopolitical tensions boost safe-haven demand

Why is Gold price rising above $4,800 and will it continue to grow? Full Market Explainer. Here’s what should gold investors do now

Gold breaks new record on Greenland tariff threats — $7,000 level on the cards
“Gold prices climbed to a fresh record above $4,800 on Wednesday, extending a sharp rally as investors sought safety amid tariff threats from the White House and renewed concerns about a global trade war.”