By William Collins, consultant in stock markets – Eurasia Business News, January 27, 2026. Article no 2008
U.S. stocks were up today and gold crossed the 5,000‑dollar mark per ounce for the first time, reflecting both optimism on equities and intense safe‑haven demand amid geopolitical tensions over Greenland and Iran.
The Dow Jones Index gained 319 points or 0.65 percent on Monday to close at 49418 points. Gains were led by Cisco Systems (3.24%), Apple (2.97%)
Broader indexes like the S&P 500 and the tech‑heavy Nasdaq Composite also rose by around 0.2–0.6%, helped by big‑tech strength and anticipation of earnings and a Federal Reserve meeting later in the week.
Gains came despite recent weekly declines, suggesting investors were cautiously re‑risking ahead of key macro and earnings events.
The U.S. dollar tumbled again Monday against a basket of currencies on speculation that the U.S. and Japan were preparing to intervene to support the yen, strengthening the Japanese currency. Wall Street is indeed on high alert for any signs of a government move to shift the dollar-yen exchange rate, after the Treasury Department took steps on Friday that sparked speculation that it could try to boost the Japanese currency versus the greenback.
Gold and silver surged to yet another round of all-time highs, as investors raced for safe havens after President Trump threatened Canada with 100% tariffs if Prime Minister Carney struck a trade deal with China.
Gold price above $5,000
Gold futures were trading near 5,040–5,100 dollars per troy ounce, having opened above 5,000 for the first time and extending a powerful rally over the past year.
Spot gold also moved above 5,000 dollars, with intraday levels reported around 5,080–5,090 dollars per ounce, marking a fresh all‑time high.
Read also : Gold : Build Your Wealth and Freedom
Over the last year, gold’s price has risen on the order of 80% as investors responded to geopolitical tensions, shutdown fears, trade threats, and central‑bank buying.
Silver price above $109
Silver was trading a little above 109 dollars per troy ounce, near a new all‑time high and up sharply from recent weeks.
Spot/benchmark price around 8:45 a.m. ET was about 109.5 dollars per ounce.
Intraday quotes for silver futures showed prices in roughly the 107–110 dollar area, with the day’s high just above 110 dollars per ounce.
Silver’s price at about 109–110 dollars meant gains of more than 250% versus a year earlier, and over 50% in about a month, reflecting a powerful rally
Why both are rising
Equities are benefiting from expectations around strong earnings from major tech firms and ongoing enthusiasm for AI‑related growth, even as investors watch the Fed’s next moves on interest rates.
At the same time, gold’s surge reflects hedging against political risk (including U.S. shutdown concerns and tariff threats) and a weaker U.S. dollar, plus strong central‑bank and retail demand.
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© Copyright 2026 – Eurasia Business News. Article no. 2008
Eurasia Business News 