Gold's Pulse - February 2026
- Feb 9
- 2 min read
January 2026 - In One Minute
Performance - January 2026
As of the end of January, gold's accrued performance was:
1-Month (YTD): | + 13.2% |
6-Months: | + 45.5% |
1-Year: | + 75.2% |
5 Years: | + 165% |
Gold Price - January 2026
(Prices per ounce)
Start: | US $4,332 |
End: | US $4,895 |
Lowest: | US $4,332 (Jan-1) |
Highest: | US $5,586 (Jan-29) |
Monthly Gain: | + US $563 |
Highlights - January 2026
JANUARY 2026 GOLD SPOT PRICE
(US DOLLARS PER OUNCE)
January was an explosive month for gold, with an exceptional gain of US $563 dollars per ounce, a 13.2% growth in 30 days.
Gold began the period at US $4,332 per ounce. It soon entered a parabolic rally, breaking, for the first time in history, the US $5,000 dollars per ounce mark on January 26th and setting a new record-high of US $5,586 per ounce by January 29th. This extraordinary rally was followed by a sharp correction on the last day of trading, with gold closing the month at US $4,895 per ounce.
In the News
"JP Morgan sees gold at US $6,300 an ounce by year-end on robust central‑bank, investor demand" - Reuters
"Paper promises meet physical truth. How Shanghai stole the gold crown." - Frank Giustra
"Gold’s bubble behaviour may signal paradigm shift" - Reuters
Quote of the Month
“Gold is the ultimate insurance policy against monetary recklessness.”
James Grant
Founder & Editor, "Grant’s Interest Rate Observer"
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