Gold Surpasses $5,000 Amid Middle East Turmoil

Global markets are in a state of high anxiety. On January 26, 2026, gold surpassed $5,000 per ounce for the first time in history — a dramatic marker of investor unease. According to Greek outlet Ta Nea, the surge was driven by a perfect storm of geopolitical risk: U.S. claims on Greenland, new tariff threats, military operations against Venezuela, escalation with Iran, and a criminal investigation into Federal Reserve Chair Jerome Powell. Traditional safe-haven assets like the Swiss franc and Japanese yen also rallied. Analysts say gold’s record run reflects not a single crisis, but a pervasive sense that the global order is becoming fundamentally less stable.