Spot Gold Achieves Historic Milestone, Crosses $4,900 Per Ounce for First Time

0 min read     Updated on 22 Jan 2026, 11:24 PM
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Overview

Spot gold has crossed the $4,900 per ounce mark for the first time in trading history, establishing a new milestone for the precious metal. This achievement represents a significant breakthrough that demonstrates gold's continued strength and provides a new benchmark for market participants.

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*this image is generated using AI for illustrative purposes only.

Gold prices have achieved a historic milestone by crossing the $4,900 per ounce threshold for the first time in trading history. This breakthrough represents a significant moment for the precious metal market, as spot gold reaches unprecedented price levels.

Historic Price Achievement

The crossing of the $4,900 per ounce mark establishes a new benchmark for gold pricing, representing the highest level ever recorded for the precious metal. This milestone reflects the metal's continued upward trajectory in current market conditions.

Milestone Details: Information
Price Level: $4,900 per ounce
Achievement: First time crossing this threshold
Market Type: Spot gold trading

Market Significance

The achievement of this price level marks a notable development in precious metals trading. Gold's ability to reach and cross the $4,900 barrier demonstrates the metal's strength and establishes a new reference point for market participants and investors tracking precious metal performance.

This historic crossing represents a significant psychological and technical milestone that market observers have been monitoring. The breakthrough adds to gold's track record of reaching new price territories and reinforces its position in the commodities market.

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Gold and Silver Prices Recover After Early Drop as Geopolitical Tensions Ease

2 min read     Updated on 22 Jan 2026, 10:50 PM
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Reviewed by
Radhika SScanX News Team
Overview

Gold and silver prices recovered from early losses on Thursday, 22 January 2026, after initial selling pressure due to easing geopolitical tensions following Trump's policy announcements. Gold closed at ₹153,304.00 per 10 grams (+0.29%) while silver ended at ₹319,149.00 per kilogram (+0.21%). Robert Kiyosaki emphasized that short-term volatility doesn't change long-term fundamentals, while technical analysts suggest caution for new silver investments.

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*this image is generated using AI for illustrative purposes only.

Gold and silver prices experienced significant volatility on Thursday, 22 January 2026, as investors responded to easing geopolitical tensions following policy announcements from US President Donald Trump. The precious metals initially faced selling pressure as investors booked profits amid signs of de-escalation on the Greenland conflict front and reduced tariff fears.

Market Performance and Recovery

Both precious metals hit their intraday lows during early trading but recovered as the session progressed. The price movements reflected investor sentiment shifts following Trump's policy announcements.

Metal Intraday Low Closing Price Previous Close Change
Gold (per 10g) ₹148,777.00 ₹153,304.00 ₹152,862.00 +0.29% (+₹442.00)
Silver (per kg) ₹304,039.00 ₹319,149.00 ₹318,492.00 +0.21% (+₹657.00)

Data as of 10:05 PM IST from Multi-Commodity Exchange

Kiyosaki's Market Analysis

Robert Kiyosaki, author of 'Rich Dad Poor Dad', provided insights into the market movements, explaining that the precious metals dropped globally after Trump cancelled the tariff threat on the European Union and announced a framework for Greenland. "Gold and silver sold off after President Trump cancelled EU tariffs and announced a framework around Greenland. Markets cheered. Risk assets bounced. Precious metals pulled back," Kiyosaki stated.

Kiyosaki criticized short-term thinking in precious metals markets, noting common reactions such as "See? Gold is dead" and "Silver was a bad call" following the price drops. He emphasized that "Gold and silver don't move on emotion. Traders do."

Impact of Policy Changes

Regarding the effects of cancelled tariffs, Kiyosaki explained that markets assume reduced friction, inflation pressure, and urgency, making paper money feel safer temporarily. However, he stressed that fundamental economic issues remain unchanged:

  • Cancelling tariffs doesn't eliminate debt
  • Deficit reduction is not addressed
  • Decades of currency dilution continue
  • Framework deals around strategic locations like Greenland focus on resources and long-term positioning

Silver Investment Perspective

Kiyosaki expressed particular interest in silver during volatile periods, highlighting its dual nature as both money and an industrial metal. "Silver is both money and an industrial metal. That means it gets hit harder on optimism…and rebounds faster when reality returns," he explained. He views volatility as opportunity rather than weakness for investors who understand the underlying fundamentals.

Technical Analysis and Recommendations

Aamir Makda, Commodity & Currency Analyst at Choice Broking, provided technical insights on silver's current position. He observed an RSI divergence in the daily chart, which he described as a "classic 'Red flag' for building any fresh buying." Makda advised caution, stating this may not be the right time to buy silver as the decline could continue. He suggested that if prices stabilize over support levels, traders might consider a 'buy-on-dips' approach.

Market Outlook

Kiyosaki concluded with lessons from his investment philosophy, emphasizing that "markets reward patience and punish emotion." He stressed focusing on long-term incentives rather than short-term headlines, noting that while tariffs and deals may change, underlying economic fundamentals such as debt and currency printing continue to favor real assets over promises.

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