Precious Metals Market Shows Growth at the Beginning of 2026

On January 29, 2026, the price of gold rose by 2.7 percent, reaching USD 5,564 per ounce. Since the beginning of the month, gold prices have increased by approximately 29 percent, according to Bloomberg.

Silver, which surged by 148 percent in 2025, has continued its upward trend in early 2026, gaining an additional 66 percent.

According to the World Gold Council’s (WGC) 2025 “Gold Demand Trends” report, global gold demand reached a record high of 5,002 tonnes.

A record-breaking fourth quarter reinforced a successful year, with investments in gold amounting to USD 555 billion.

Experts attribute the rise in gold prices to increased demand for stable assets, which are viewed as a reliable means of preserving financial resources.