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#SpotGoldHitsaNewHigh #SpotGoldHitsaNewHigh
The concept of "safe haven" continues to dominate the global market in 2026. Spot gold, affected by geopolitical tensions and economic instability, once again tests its record highs, becoming a focal point for investors. Here is the story behind this historic growth of the gold market.
The "Golden" Era in the Market: Is a New Record Coming Soon?
As of January 21, 2026, gold prices per ounce exceeded $4,850, reaching an all-time high. In the Turkish domestic market, gold prices per gram surpassed 6,770 TRY, setting a new historical peak, driven by the sharp increase in ounce prices and exchange rate fluctuations. 3 Main Drivers Behind This Growth
Geopolitical Disruptions: Diplomatic tensions between the US and the European Union over "Greenland" and new tariff threats from the Trump administration have caused investors to move away from risky assets and shift towards gold. Debate Over the Federal Reserve's Independence: Political pressure on (Fed) Chair and debates about his independence have raised questions about the global reliability of the dollar, while reinforcing gold’s position as a "alternative currency."
Central Bank Buying: Large gold purchases by central banks worldwide, especially in developing countries, to diversify their reserves, are creating a structural foundation for this price increase.
Technical Outlook and Expectations
Gold is not just a commodity; it now serves as a measure of global fear. From a technical analysis perspective, the outlook is quite optimistic:
Support and Resistance: The $4,750 – $4,760 zone for gold has become an important support level. Analysts predict that as long as prices stay above this level, the next psychological target could be $5,000.
Silver’s Footsteps: Silver is also accompanying this gold rally. The fact that silver prices are testing $95 the level#SpotGoldHitsaNewHigh demonstrates how high the general interest in precious metals is.
Expert Opinion: "Gold may appear overbought, but not yet oversold. This indicates room for further growth." — Market Strategists
What Should Investors Do?
The card is not just a trend but also a signal of systemic change in the global economy. Short-term profit-taking is quite natural at such historic highs. However, in the medium and long term, expectations of low interest rates and geopolitical risks seem to help gold maintain its appeal.
Do you think gold will surpass the $5,000 mark by the end of 2026?