The price of gold passed $5,500 USD per ounce for the first time on 28 January, 2026. The gold price had surpassed $5,200 USD per ounce for the first time earlier in the day on 28 January (GMT).
[Gold spot price chart from the World Gold Council shown in GMT.]
Gold $5,500 news
Gold jumps above $5,500 as weak dollar is ‘supercharging’ rally
“Gold futures jumped above $5,500 per ounce on Wednesday as the Federal Reserve held interest rates steady, while a weaker dollar fueled the debasement trade, pushing investors toward hard assets.”
Gold climbs to record above $5,500 on bets for dovish Fed chair
Gold jumps above $5,500 for the first time on record
Gold prices hit record high above $5,500/oz on US-Iran tensions
Gold soars past US$5,500 as Trump sabre rattles over Iran
“Gold prices soared to another fresh record above US$5,500 Thursday, while oil advanced and stocks fell after Donald Trump ramped up geopolitical tensions with his threatened military strike on Iran.”
Gold is not rallying it is replacing faith
“Gold did not creep higher. It kicked the door in. After blowing through $5,500 in early Asia, bullion is no longer trading like a commodity.”
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