Gold prices rose 2.7% on Jan. 29, 2026, to $5,564 per ounce. Since the beginning of the month, the metal has gained about 29%, Bloomberg reported.
Silver has increased 66% so far this year, following a 148% gain in 2025.
According to the World Gold Council’s Gold Demand Trends report for 2025, total gold demand reached a record 5,002 metric tons.
A record fourth quarter capped a strong year, with gold investment totaling $555 billion.
Analysts attribute the price growth to rising investor interest in safe-haven assets seen as a way to protect capital.
