International gold prices break through $5000 per ounce, continuing to hit a new all-time high

GateNews

2026-01-26 00:33:02

ChainCatcher News, on the morning of January 26, Beijing time, international gold prices surged significantly, breaking through $5000 per ounce. As of the latest report, spot gold rose 1.1% to $5043.093 per ounce, COMEX gold increased 1.13% to $5035.9 per ounce. Spot silver rose over 2%, and COMEX silver increased over 3%.

Regarding the future of gold, Goldman Sachs’ latest report has raised its forecast for the end of this year from $4900 per ounce to $5400 per ounce, due to increasing demand from private investors and central banks.

Goldman Sachs expects that this year, central banks worldwide will purchase 60 tons of gold each month. Additionally, as the Federal Reserve cuts interest rates, the amount of gold purchased by ETFs will also increase, further boosting valuations. Huaxi Securities’ latest research report predicts that the gold price could increase by 10%–35% by 2026, while J.P. Morgan has even issued an astonishing target of $6600 per ounce.

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ABigHeart

· 01-26 00:36

International gold prices surged significantly on January 26, with spot gold breaking through $5000, reaching $5043.093 per ounce. Goldman Sachs raised its year-end gold price forecast from $4900 to $5400, expecting continued growth in demand from central banks and private investors. Huaxi Securities and Jefferies Group are also optimistic about the future performance of gold prices.

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