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Gold price surges past $5,600 amid dollar weakness and geopolitical risk
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AzerNews - News from Azerbaijan, Business, Energy, Analysis
29 January 2026 13:58 (UTC+04:00)Qabil Ashirov Read moreGold crossing the $5,600 per ounce threshold marks a turning point in global finance.
It signals the weight of accumulated risks, deepening uncertainty, and intensifying political turbulence across the world economy.
What once seemed like extraordinary price levels are now becoming the new normal, and leading financial institutions argue that this rally is only at its dawn.
Recent analysis from RBC Capital Markets underscores this point.
The rapid weakening of the U.S. dollar, the expansion of geopolitical risks, and the intensification of global uncertainty have accelerated gold’s trajectory.