Gold smashes new record of $4,600 as Powell probe and global flashpoints ignite safe-haven rush

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Gold prices surged to a new record of $4,600 an ounce due to a combination of factors including the Powell probe and global flashpoints, driving a safe-haven rush.

Market Impact

Market impact analysis based on bullish sentiment with 90% confidence.

Sentiment
Bullish
AI Confidence
90%
Time Horizon
Short Term

Article Context

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Spot gold advanced higher to hit over $4,600 an ounce for the first time.

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Original article published by CNBC on January 12, 2026.
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