Gold crosses $4,800 for the first time as US, EU spar over GreenlandListen to this articleA goldsmith weighs gold jewellery inside a showroom in Ahmedabad, India, July 31, 2025. Spot gold rose 1.2% to $4,821.26 per ounce by ‌0226 GMT, after scaling a record $4,843.67 earlier in the session. (The move in gold) reflects fears about global geopolitical (tensions)," said Kyle Rodda, a senior market ⁠analyst at Capital.com. He later said, "We will work something out where NATO is going to be very happy and where we're going to be very happy." Spot silver fell 1% to $93.59 an ounce, after hitting a record high of $95.87 on Tuesday.

Source: Bangkok Post January 21, 2026 15:31 UTC