[MARKET UPDATE] Spot gold rises above USD 5,100/oz for the first time

Spot gold's rise above USD 5,100/oz marks a significant psychological and technical milestone.

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Additional European Equity News

Newsquawk Daily European Equity Opening News - 26th January 2026

[MARKET UPDATE] Spot gold rises above USD 5,100/oz for the first time

Newsquawk Daily European Opening News - 26th January 2026

Japanese PM Takaichi says she would resign with immediate effect, in the scenario that the ruling bloc does not attain a Lower House majority

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This movement likely reflects increased demand for safe-haven assets amid geopolitical tensions or economic uncertainty, making gold an appealing alternative in a volatile market. Traders should monitor how sustained this rally is and potential implications for other commodities and currency pairs, especially those linked to inflation concerns.

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