#GoldBreaks$5,500 It is official—gold has indeed crossed the monumental $5,500 per ounce threshold.
As of late January 2026, spot gold surged to a fresh all-time high of approximately $5,588, marking one of the most explosive rallies in the metal's history. Just a few days ago, the market was celebrating the $5,000 milestone, but a combination of "perfect storm" factors has sent prices into overdrive.
Why the Massive Surge?
The jump past $5,500 is being driven by a rare alignment of geopolitical and economic triggers:
* Geopolitical Tensions: Heightened friction between the US and Iran, inclu