Gold Market News - Swiss America

Gold Market News

Gold up on safe-haven demand amid lingering global tension. Stocks recovering from this week's tech sell-off. Gold last traded at $4,944 an ounce. Silver at $76.51 an ounce.

February 6, 2026

Gold Price Surpasses Record $5,300 Amid Weakening Dollar, Fed Independence Concerns - Forbes--1.28.26
Gold smashed through another record price of $5,300 on Wednesday, continuing a rally that has lifted prices more than 20% in January after a record-breaking 2025, with analysts citing a weak dollar and concerns over the Fed's independence.

‘Gold is now the second-largest currency’ – Ray Dalio on how ‘capital wars’ drive buyers into bullion - Kitco--1.27.26
Central banks and sovereign wealth funds are pivoting away from Treasuries and toward gold. One of the major advantages that gold has over fiat currencies is that "is has lower confiscation risks than other monies and other assets."

Another day another high: Gold surges past $5,100 as investors seek shelter from global risks - CNBC--1.25.26
Gold price climbed to a fresh all-time high above $5,100 an ounce on Monday as investors seek the safety of the yellow metal amid rising geopolitical tensions and global fiscal risks. Silver also rallied on Monday, with spot priced jumped 4.9% as the metals benefits from industrial demand.

Silver Breaks Milestone $100 For The First Time As Gold Nears $5,000 - Forbes--1.23.26
Precious metals continue their record breaking rally as the price of silver crosses an all-time high of $100 for the first time. Analysts say the rally is fueled by a desire for safe-haven assets amid U.S.-European tensions and a weakening U.S. dollar.

Gold is approaching $5,000, and 'unavoidable uncertainty' means it could go higher - Morningstar--1.23.26
According to one expert, gold could see numerous peaks in 2026. The big lesson so far this year for gold investors is that there's no limit to fresh highs as investors navigate uncertainty and geopolitics.

Goldman Sachs raises 2026 gold price target to $5,400/oz as private sector joins central bank diversification strategy- Kitco--1.22.26
The private sector is following the trend set by central banks by diversifying into gold. This has prompted Goldman Sachs to raise its year-end gold price target by more than 10%. The banking giant has announced that it was raising its December 2026 price target to $5,400 an ounce.

Gold tops $4,900 as Goldman Sachs ups year-end forcast - Yahoo! Finance--1.22.26
Gold surpassed $4,900 for the first time on Thursday, hitting a series of record highs in just a few weeks. Goldman Sachs analysts have raised their price target for the precious metal, citing strong demand from private-sector investors fueling the rally.

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