International gold price rises by 20% at beginning of 2026-Xinhua

International gold price rises by 20% at beginning of 2026

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Editor: huaxia

2026-01-29 21:39:16

Customers select gold accessories at a gold shop in Qionghai City of south China's Hainan Province, Jan. 29, 2026. Both the international spot gold price and the April gold futures price on the New York Mercantile Exchange broke through the historical high of 5,500 U.S. dollars per ounce on Jan. 28.

The price of gold has risen by more than 500 U.S. dollars per ounce in the past 72 hours, and the market value of the gold market has soared by more than 3.5 trillion U.S. dollars. Overall, the international gold price rose by approximately 20% at the beginning of 2026. (Photo by Meng Zhongde/Xinhua)

A staff member arranges gold accessories at a gold shop in Changxing County, Huzhou City of east China's Zhejiang Province, Jan. 29, 2026. Both the international spot gold price and the April gold futures price on the New York Mercantile Exchange broke through the historical high of 5,500 U.S. dollars per ounce on Jan. 28.

The price of gold has risen by more than 500 U.S. dollars per ounce in the past 72 hours, and the market value of the gold market has soared by more than 3.5 trillion U.S. dollars. Overall, the international gold price rose by approximately 20% at the beginning of 2026. (Photo by Tan Yunfeng/Xinhua)

A customer selects gold accessories at a gold shop in Qionghai City of south China's Hainan Province, Jan. 29, 2026. Both the international spot gold price and the April gold futures price on the New York Mercantile Exchange broke through the historical high of 5,500 U.S. dollars per ounce on Jan. 28.

The price of gold has risen by more than 500 U.S. dollars per ounce in the past 72 hours, and the market value of the gold market has soared by more than 3.5 trillion U.S. dollars. Overall, the international gold price rose by approximately 20% at the beginning of 2026. (Photo by Meng Zhongde/Xinhua)

A staff member arranges gold accessories at a gold shop in Yuyue Town, Huzhou City of east China's Zhejiang Province, Jan. 29, 2026. Both the international spot gold price and the April gold futures price on the New York Mercantile Exchange broke through the historical high of 5,500 U.S. dollars per ounce on Jan. 28.

The price of gold has risen by more than 500 U.S. dollars per ounce in the past 72 hours, and the market value of the gold market has soared by more than 3.5 trillion U.S. dollars. Overall, the international gold price rose by approximately 20% at the beginning of 2026. (Photo by Ni Lifang/Xinhua)

Customers select gold accessories at a gold shop in Yuyue Town, Huzhou City of east China's Zhejiang Province, Jan. 29, 2026. Both the international spot gold price and the April gold futures price on the New York Mercantile Exchange broke through the historical high of 5,500 U.S. dollars per ounce on Jan. 28.

The price of gold has risen by more than 500 U.S. dollars per ounce in the past 72 hours, and the market value of the gold market has soared by more than 3.5 trillion U.S. dollars. Overall, the international gold price rose by approximately 20% at the beginning of 2026. (Photo by Ni Lifang/Xinhua)

A customer selects gold accessories at a gold shop in Yuyue Town, Huzhou City of east China's Zhejiang Province, Jan. 29, 2026. Both the international spot gold price and the April gold futures price on the New York Mercantile Exchange broke through the historical high of 5,500 U.S. dollars per ounce on Jan. 28.

The price of gold has risen by more than 500 U.S. dollars per ounce in the past 72 hours, and the market value of the gold market has soared by more than 3.5 trillion U.S. dollars. Overall, the international gold price rose by approximately 20% at the beginning of 2026. (Photo by Ni Lifang/Xinhua)

A staff member arranges gold accessories at a gold shop in Yangzhou City of east China's Jiangsu Province, Jan. 29, 2026. Both the international spot gold price and the April gold futures price on the New York Mercantile Exchange broke through the historical high of 5,500 U.S. dollars per ounce on Jan. 28.

The price of gold has risen by more than 500 U.S. dollars per ounce in the past 72 hours, and the market value of the gold market has soared by more than 3.5 trillion U.S. dollars. Overall, the international gold price rose by approximately 20% at the beginning of 2026. (Photo by Meng Delong/Xinhua)

A staff member arranges gold accessories at a gold shop in Lianyungang City of east China's Jiangsu Province, Jan. 29, 2026. Both the international spot gold price and the April gold futures price on the New York Mercantile Exchange broke through the historical high of 5,500 U.S. dollars per ounce on Jan. 28.

The price of gold has risen by more than 500 U.S. dollars per ounce in the past 72 hours, and the market value of the gold market has soared by more than 3.5 trillion U.S. dollars. Overall, the international gold price rose by approximately 20% at the beginning of 2026. (Photo by Wang Chun/Xinhua)

Customers select gold accessories at a gold shop in Hangzhou City of east China's Zhejiang Province, Jan. 29, 2026. Both the international spot gold price and the April gold futures price on the New York Mercantile Exchange broke through the historical high of 5,500 U.S. dollars per ounce on Jan. 28.

The price of gold has risen by more than 500 U.S. dollars per ounce in the past 72 hours, and the market value of the gold market has soared by more than 3.5 trillion U.S. dollars. Overall, the international gold price rose by approximately 20% at the beginning of 2026. (Photo by Long Wei/Xinhua)