Weak dollar drives gold over $5,500 an ounce for first time, amid geopolitical and debasement fears – business live - short news
Rolling coverage of the latest economic and financial news
Good morning and welcome to our rolling coverage of business, the financial markets and the world economy.
The surge in the gold price is showing no sign of abating, as bullion continues to soar.
“That sound you hear is that of 2026 gold targets being furiously revised higher, as the price keeps climbing, and given renewed impetus by Trump’s comments on the dollar. This will have fans of the debasement trade..
source: The Guardian - 29.01.2026