Gold price shatters records as Dow futures rally fuels historic surge
Gold prices have continued their dramatic rise, reaching record levels in early 2026. The precious metal saw its largest annual gain in over six decades last year, climbing by 64%. Now, dow futures have surged past key milestones in a single day of trading.
The rally began early on Tuesday, with February 2026 dow jones futures pushing above $4,700 per troy ounce. By mid-morning, the price had broken through $4,800, then quickly exceeded $4,900. At 10:00 a.m. Minsk time, the commodity traded at $4,966 per ounce.
An hour later, the price dipped slightly to $4,942. Despite the small pullback, analysts remain confident in gold’s upward trend. They point to rising demand for safe-haven assets as the main driver behind the sustained increase. This surge follows an extraordinary 2025, when gold posted its biggest yearly jump since the 1960s. The metal’s value soared by 64% over those 12 months, setting the stage for further gains.
Gold futures now sit near $4,950 per ounce after Tuesday’s sharp moves. The metal’s strong performance reflects ongoing investor interest in secure assets. With demand holding firm, prices may continue to test new highs in the coming months.
