The gold price is gradually approaching a new record: one ounce has surpassed the $4200 mark

0xInsomnia · 2026-01-12T12:47:40+00:00

This week, gold prices surged significantly, surpassing $4,200 per ounce for the first time since November 14, driven by currency fluctuations and global economic dynamics affecting demand and investment strategies.

0xInsomnia

2026-01-12 12:47:40

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According to Jinse Finance analyses, gold prices in international markets have risen significantly this week, surpassing the important mark of $4200 per ounce. This marked trend was observed for the first time since November 14th, with an increase of over 1% within a day.

Such a rise in the gold market is influenced by various factors. Currency fluctuations and global economic developments are creating upward and downward movements in gold demand. Changing investment strategies are also affecting the dynamics of this metal’s value.

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