Gold Price Slips From Record Highs Near $4,900/oz After Trump Signals Greenland Deal
Gold price have been on a wild ride in January 2026. On January 21, 2026, gold briefly climbed to record highs near $4,900 per ounce, driven by rising fear in global markets. Investors rushed into gold as a safe haven when tensions flared between the U.S. and Europe over Greenland. Safe assets like gold often rise when markets fear uncertainty or conflict.
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