In this video: THE END OF TRUST Gold Hits $5 000 Silver $110 as U S Debt Crisis Spirals. Video by Gareth Soloway.
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On Monday, January 26, 2026, gold and silver shattered historic psychological barriers, with gold surpassing $5,000 and silver breaching $110 per ounce for the first time.
The rally has been fueled by intense safe-haven demand amid U.S. government shutdown fears, geopolitical tensions, and uncertainty regarding trade policies and tariffs. A weakening U.S. dollar and expectations of future interest rate cuts have further accelerated the flight to precious metals.
Key Market Drivers
-Safe-Haven Demand: Investors are reacting to a potential U.S. federal funding deadlock and broader concerns over U.S. sovereign debt and inflation.
-Industrial Shortages: Silver’s rally is amplified by a prolonged physical market deficit and high demand from the AI and solar energy sectors.
-Central Bank Buying: Continued diversification by emerging market central banks has provided a strong floor for gold prices.
-Technical Momentum: Analysts note that breaking these psychological levels could lead to further gains, with some forecasting gold to reach $5,500 by year-end.
Current Market Prices (January 26, 2026)
-Gold: Prices peaked at an all-time high of $5,111.07 earlier today. Spot gold is currently trading near $5,091.61.
-Silver: Silver hit a record peak of $110.92 before pulling back slightly. It is currently trading around $110.01, marking a surge of nearly 7% in a single session.
-Performance: Gold has risen nearly 10% in the last five days, while silver has outperformed, gaining over 260% year-over-year.
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