International Gold Price Breaks Through $5,000 per Ounce, Setting New All-Time High

Odaily News According to reports on January 26th Beijing time, the international gold price surged significantly, breaking through $5,000 per ounce. As of press time, spot gold rose 1.1% to $5,043.093 per ounce, while COMEX gold rose 1.13% to $5,035.9 per ounce. Spot silver gained over 2%, and COMEX silver rose more than 3%.

Regarding the future outlook for gold, Goldman Sachs' latest report has raised its year-end gold price forecast from $4,900 to $5,400 per ounce, citing persistently strong demand from private investors and central banks. Goldman Sachs expects central banks to purchase 60 tons of gold monthly this year. Simultaneously, as the Federal Reserve cuts interest rates, the scale of gold purchases by ETFs is also expected to increase, further boosting valuations. The latest research report from Huaxi Securities predicts that gold price gains in 2026 could range between 10% and 35%, while Jefferies Group has even set a startling target of $6,600 per ounce. (Securities Times)