(Jan 30): Gold fell the most since October, reversing earlier gains that took the precious metal to a fresh record above US$5,500 (RM21,543) an ounce, as the US dollar strengthened. A gauge of the dollar rose as much as 0.3%, reversing earlier declines. The precious metal had climbed more than 20% just this month, with some technical indicators pointing to a near-term price correction. Spot gold fell 2.6% to US$5,276.46 an ounce as of 11.25am in New York. Spot silver fell 3.6% to US$112.44 an ounce.

Source: The Edge Markets January 29, 2026 16:36 UTC