Gold Hits All-Time High: Prices Soar Globally, What's Next for Buyers?

Personal Finance
C
CNBC Awaaz•27-01-2026, 08:44
Gold Hits All-Time High: Prices Soar Globally, What's Next for Buyers?
- •Gold reached a new international record of $5,042.98 per ounce on January 27, 2026.
- •In India, MCX gold crossed ₹1.62 lakh per 10 grams, significantly higher than the previous year.
- •Rising global tensions, a weakening US dollar, and continuous buying by central banks are key drivers for the price surge.
- •Investor interest in gold ETFs has increased by 20% this year, indicating a return to gold as a safe haven.
- •Experts predict further price increases, potentially reaching $6,000 per ounce, though occasional dips are possible.
Why It Matters: Gold prices are at an all-time high due to global factors; consider staggered buying or alternative gold investments.
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