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Gold bullion falls as traders book profits
Business World Philippines
|January 19, 2026
GOLD fell more than 1% on Friday as investors booked profits after recent record highs, while signs of easing geopolitical tensions further dampened the metal’s safe-haven appeal.
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Spot gold was down 0.5% at $4,592.29 per ounce as of 1:39 p.m. ET (1839 GMT), after falling as low as $4,536.49 earlier in the session.
However, the metal is poised for its second consecutive weekly gain, of about 1.9%, after scaling a record peak of $4,642.72 on Wednesday.
US gold futures for February delivery settled 0.6% lower at $4,595.40.
Esta historia es de la edición January 19, 2026 de Business World Philippines.
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