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Gold rises as Trump eases tariff rhetoric

January 23, 2026

Business World Philippines

GOLD PRICES trimmed gains on Wednesday, retreating from a record peak, after US President Donald J. Trump backed down from some of his sternest threats over Greenland.

Spot gold was up 0.3% at $4,778.51 per ounce by 3:10 p.m. ET (2010 GMT), after scaling an all-time high of $4,887.82 earlier in the session.

US gold futures for February delivery settled 1.5% higher at $4,837.50 per ounce.

هذه القصة من طبعة January 23, 2026 من Business World Philippines.

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