Skip to main content

MoneyWorks4Me

Gold futures finish tad higher on safe haven appeal

28 Jan 2026 Evaluate

Gold futures finished higher on Tuesday, marking record high rate boosted by intense safe-haven demand amidst economic and geopolitical uncertainty. Softer dollar, fears of a partial US government shutdown, new proposed tariffs on South Korean imports, and continued central bank buying buoyed the precious metal. The yellow metal has increased by more than 18% in 2026. 

Gold futures for February delivery up by $0.10 or 0.001% to $5,082.60 an ounce on the Comex division of the New York Mercantile. Spot gold rose by $53.87 or 1.04% to $5,234.03 an ounce.