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Gold tops $5,000 for first time

Hindustan Times Gurugram

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January 27, 2026

The price of gold hit fresh records Monday after reaching $5,000 an ounce for the first time on rising global uncertainty and turmoil set off by US President Donald Trump's policies.

- AFP

Gold reached $5,111.07 an ounce having topped the key landmark in Asian trading hours.

“It vaulted over the psychologically important 5,000 mark ona glittering streak, heading sharply higher as trade tensions emanating from the US, unnerved investors,” noted Susannah Streeter, chief investment strategist at Wealth Club.

“The dollar's decline is part of the story,” she added as the US unit slumped against the yen Monday.

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