Spot Gold Reaches Record High of $5,120.36 Per Ounce with 2% Jump

0 min read     Updated on 28 Jan 2026, 01:40 AM
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Reviewed by
Radhika SScanX News Team
Overview

Spot gold achieved a historic milestone by surging 2% to reach a record high of $5,120.36 per ounce. This significant price movement represents a new all-time high for the precious metal in spot trading markets, demonstrating strong upward momentum and establishing a fresh benchmark for gold prices.

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

Gold prices reached a historic milestone as spot gold surged 2% to hit a record high of $5,120.36 per ounce. This significant price movement marks a new all-time high for the precious metal in spot trading markets.

Record-Breaking Performance

The precious metal demonstrated strong upward momentum with the 2% increase, breaking through previous resistance levels to establish this new benchmark. The achievement of $5,120.36 per ounce represents a significant breakthrough for gold in the spot market.

Metric: Value
Current Price: $5,120.36/oz
Price Movement: +2%
Market Status: Record High

Market Significance

This record high represents a notable development in precious metals trading, with gold continuing to demonstrate its appeal as an investment asset. The 2% jump indicates substantial trading activity and investor interest in the metal at these elevated price levels.

The new record of $5,120.36 per ounce establishes a fresh benchmark for gold prices in spot markets, surpassing all previous trading highs for the precious metal.

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Spot Silver Surges Over 8% to Reach $112.24 Per Ounce

0 min read     Updated on 27 Jan 2026, 01:21 PM
scanx
Reviewed by
Radhika SScanX News Team
Overview

Spot silver prices surged over 8% to reach $112.24 per ounce, marking a significant gain for the precious metal. This substantial price movement demonstrates strong upward momentum and reflects active trading conditions in the precious metals market, positioning silver at a notable price level for investors and traders.

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

Spot silver prices experienced a significant surge, climbing over 8% to reach $112.24 per ounce in recent trading activity. This substantial price movement represents a notable development in the precious metals market.

Market Performance

The precious metal's performance shows strong upward momentum, with the over 8% gain marking a considerable increase from previous levels. Silver's climb to $112.24 per ounce demonstrates the metal's current market strength.

Metric: Value
Current Price: $112.24/oz
Price Change: Over 8%
Direction: Upward

Price Movement Analysis

The surge in spot silver prices reflects active trading conditions in the precious metals sector. The metal's ability to gain over 8% indicates strong buying interest and positive market sentiment toward silver as an investment vehicle.

This price movement positions silver at $112.24 per ounce, representing a significant milestone for traders and investors monitoring precious metals markets. The substantial percentage gain demonstrates the metal's current volatility and potential for significant price movements in short timeframes.

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