Just hours after touching the $5,000 milestone, Gold has defied all expectations by blasting past $5,100 per ounce. As of mid-morning today, Monday, 26 January 2026, the precious metal is trading at a record high, driven by an intensified “safe-haven rush” as global geopolitical and economic structures appear to shudder simultaneously.
This secondary surge within a single trading day signals a rare “capitulation” in the currency markets, with investors fleeing paper assets at a pace not seen in decades.
While the morning’s $5,000 break was historic, the push to $5,115+ was triggered by new, escalating developments.
Fresh reports of maritime disruptions in the Red Sea have added “geopolitical oil” to the fire, forcing algorithmic trading bots to buy gold in massive volumes.
Furthermore, with Trump’s 100% tariff threat against Canada and the harsh winter paralyzing US oil output, fears are mounting that the US economy may face a ‘Stagflationary’ shock (high inflation + zero growth), weakening the dollar’s status as the sole global anchor.
Rumours are circulating that several emerging market central banks have moved from “gradual accumulation” to “aggressive spot buying” to protect their national reserves.
Market Snapshot: The ‘Gold Rush’ Hour
| Metric | Value (Jan 26, 10:00 AM) | Change since Open | Trend |
| Spot Gold (XAU/USD) | $5,112.80 | +6.4% | Parabolic |
| Spot Silver | $48.50 | +5.2% | Following Gold |
| US Dollar Index (DXY) | 101.20 | -0.8% | Weakening |
| Global Equities | -2.4% | Falling | Flight to Safety |
The ‘Commodity Super-Cycle’
We are no longer just looking at a gold spike; we are witnessing a complete revaluation of hard assets.
Oil ($92+) is rising due to the US freeze.
Gold ($5,100+) is rising due to fear.
Bitcoin ($105k+) is rising as “Digital Gold.”
For the average person, this means the cost of living is about to experience a global surge. When “safe-haven” assets go up this fast, it usually precedes a sharp rise in the price of finished goods, transport, and food.
