Hong Kong, Jan 29, 2026 (AFP) - Gold soars past $5,500 as Trump sabre rattles over Iran

NAMPA / AFP
2026-01-29
Gold prices soared to another fresh record above $5,500 Thursday, while oil advanced and stocks fell after Donald Trump ramped up geopolitical tensions with his threatened military strike on Iran. The surge in safe-haven precious metals also saw silver hit another peak and has also been helped by a softer dollar sparked by speculation that the US president is happy to see the world's reserve currency weaken. An uneventful policy announcement by t......
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