Spot Gold Reaches Record High of US$4,643; Gold, Silver, and Copper Hit New Peaks
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 14 2026
0mins
Source: aastocks
Gold Prices Surge: Geopolitical and economic uncertainties led to a spike in gold prices, reaching a historic high of US$4,643 before settling at US$4,627 per ounce, with futures also hitting new peaks.
Silver and Copper Records: Silver futures for March delivery rose 8% to US$93.2 per ounce, while copper futures for March delivery increased by 1.3% to US$6.1 per pound, both setting new record highs.
Fed Rate Cut Expectations: The rise in precious metal prices is attributed to investor expectations of a Federal Reserve rate cut, prompting a shift towards safe-haven assets.
Retail Sales Stability: In related economic news, U.S. retail sales year-over-year for November remained unchanged at 3.3%.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
