Gold price in USD hits a new high, surging past $4370/oz at the beginning of the year

The first trading day of 2026 witnessed a strong performance in the spot gold market. Data shows that the gold price in USD experienced a significant increase, with an intraday rise of 1.18%, exceeding $40 for the day, successfully breaking above the key level of per ounce.

This upward trend continues the recent strong momentum in the precious metals market. At the start of the new year, gold has demonstrated a clear anti-dip characteristic, with investors’ risk aversion sentiment supporting the continued rise of the gold price in USD. (Data source: Jin10)

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