Gold now costs more than $5,000 an ounce. Here’s how it got to this milestone price.
Affected assets and topics
Why it matters
Gold has reached a record high of over $5,000 an ounce, driven by significant market-moving events, including actions by President Donald Trump, over the past 12 months.
Expected market reaction
Market impact analysis based on bullish sentiment with 80% confidence.
Evidence trail
Evidence
AI provenance
Technical identifiers
- Provider tag
- groq-llama-3.1-8b-instant
- Analysis version
- groq-llama-3.1-8b-instant
- Article id
- 36938
Original source
It’s been a long journey for gold and silver to reach their highest levels on record, but the steep climb for both over the past 12 months has been a notable one — marked by significant, market-moving events, with many of those tied to actions by President Donald Trump.
Read the full article on MarketWatch
Original article published by MarketWatch on January 26, 2026. Analysis and insights provided by AnalystMarkets AI.