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Gold Prices Fall to $5,160, Silver Prices Fall to $106

TradingKeyJan 30, 2026 8:21 AM
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  • Gold prices pulled back below $5,182 per ounce, erasing gains made since Wednesday.
  • Silver prices retreated below $106 per ounce, wiping out gains since Wednesday and eroding a portion of Tuesday's advance.
  • Beyond a superficial cooling of sentiment, this downturn was driven by multiple factors: policy, geopolitics, and capital flows.

TradingKey - Spot gold prices at 08:10 AM GMT fell to $5,160 per ounce, after touching an intraday record high of $5,598.88 in the previous session, ending a streak of record highs for nine consecutive trading days.

Meanwhile, spot silver fell to $106 per ounce, after hitting a record high of $121.678 per ounce in the preceding session.

Following a 64% surge in 2025, gold has risen more than 19% this year, while silver has advanced 48% over the same period.

This content was translated using AI and reviewed for clarity. It is for informational purposes only.

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