Gold rate today, Jan. 26 -- Driven by safe-haven demand, gold prices in the international markets surged past the $5,000 an ounce for the first time on Monday, January 26.
According to a Reuters report, spot gold rose 1.98% to $5,081.18 per ounce by 0323 GMT, after touching $5,092.71 earlier. US gold futures for February delivery gained 2.01% to $5,079.30 per ounce.
The rally in gold prices continued as risk-off sentiment gripped investors amid rising geopolitical risks and trade war fears. Along with this, a weak US dollar also supported sustained buying in the yellow metal.
Over the weekend, US President Donald Trump said he would impose a 100% tariff on Canada if it followed through on a trade deal with China. Additionally, he also ...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.