Gold hits record $5,311
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Gold prices are surging, but things could look very different over time. Here's how older investors should respond.
Gold and silver prices keep notching fresh records. The question now facing investors is whether the surge reflects genuine demand.
By Anushree Mukherjee and Ashitha Shivaprasad Jan 29 (Reuters) - Spot gold extended its blistering rally on Thursday to hit a record high just shy of $5,600 an ounce, as investors sought safety amid geopolitical and economic uncertainties,
Wall Street analysts expect the gold rally to continue as investors pile in because of mounting geopolitical uncertainty and economic concerns.
By Anushree Mukherjee Jan 29 (Reuters) - Spot gold jumped to a record above $5,500 an ounce on Thursday, extending a blistering rally as investors piled into the safe-haven metal amid geopolitical and economic uncertainties,
Geopolitical tensions, Trump's tariff threats, and inflation fears have helped propel gold to $5,000 for the first time ever on Monday.
Silver is the fast horse, and old jockeys like myself see this as a top. $100 was always a target and a magnet for me, so I’m out.
LONDON, Jan 29 (Reuters) - Gold demand hit an all-time high last year as jitters over instability and trade sparked a surge in investment, even as a series of record price peaks kept jewellery buyers from the tills.
The ancient asset is attracting new investors
Gold price has gained more than 27% this year following a 64% jump in 2025, while silver price has jumped more than 60% so far this year. The rally in bullion prices has been driven by strong safe‑haven demand,