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Gold miners climb as price breaks $5,100 barrier

ReutersJan 26, 2026 2:39 PM

Shares of gold miners rise, as bullion prices soar above the record $5,100-per-ounce level for the first time

Spot gold XAU= up 1.9% to $5,077.24 per ounce, after earlier touching an all-time high of $5,110.50

Prices surge as investors sought a safe haven away from international political tension, with silver and platinum also scaling all-time highs GOL/

Top miners Newmont NEM.N and Barrick Mining ABX.TO rise 1.4% and ~3%, respectively

South African miners: Gold Fields GFI.N gains ~6%, AngloGold Ashanti AU.N adds 3.5% and Sibanye Stillwater SSWJ.J, SBSW.N climbs 2.4%

Canadian miners: Agnico Eagle Mines AEM.TO and Kinross Gold KGC.N gain 2.3% and ~3%, respectively

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