Market turmoil and a weakening US dollar have pushed the bullion beyond $5,100 an ounce
Gold prices have surged to a new record, as investors seek safety from escalating global tensions and the volatility of the US dollar.
The February 2026 futures contract on Comex surpassed $5,100 per troy ounce on Monday, with a gain of roughly 2.5%, according to exchange data.
Analysts attribute the rally to market turmoil and policy shifts, including actions by the administration of US President Donald Trump aimed at influencing the Federal Reserve, his intention to acquire Greenland, and military intervention in Venezuela.
The prices of both gold and…
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