Business News of Tuesday, 20 January 2026Source: www.ghanaweb.comGold prices hit a new record high of $4,700 on Tuesday, January 20, 2026. Gold continues to scale new all-time highs as global trade wars heighten geopolitical risks and increase pressure on the US Federal Reserve to cut interest rates. Gold price hits new record high of $4,600, up by 72% in 2026Spot gold gained 1.3% after hitting an all-time high of $4,700, while silver rose 0.7% to $95.34 an ounce. In the first two weeks of 2026, silver gained about 20%, boosting profits compared to previous years. The world’s largest gold producers at present are China, Australia, the United States, South Africa, Peru, Russia, and Indonesia.

Source: GhanaWeb January 20, 2026 11:17 UTC