Customers select gold accessories at a gold shop in Qionghai City of south China's Hainan Province, Jan. 29, 2026. Both the international spot gold price and the April gold futures price on the New York Mercantile Exchange broke through the historical high of 5,500 U.S. dollars per ounce on Jan. 28.

The price of gold has risen by more than 500 U.S. dollars per ounce in the past 72 hours, and the market value of the gold market has soared by more than 3.5 trillion U.S. dollars. Overall, the international gold price rose by approximately 20% at the beginning of 2026.