Spot gold prices are astonishing, with the price of 1 ounce of gold surpassing the $5300 mark, setting a new record. According to PANews data, this week's gold prices have performed strongly, breaking through four integer thresholds consecutively within the week, with a weekly increase of over $300. From the price trend, spot gold demonstrates strong upward momentum. Each trading session within the week has seen new highs, and investor enthusiasm for gold continues to rise. The question of how much 1 ounce of gold costs has become a market focus—rising from last week's lows to $5300 this week, the rapid increase in just a few days indicates that market risk appetite is adjusting, safe-haven demand is increasing, and precious metals are continuing to climb.