Summary
- International gold prices have broken above $5,500 an ounce for the first time, rising as high as $5,594.82 intraday.
- Gold has notched record highs for nine consecutive sessions, gaining more than 10% this week alone and 65% in 2025 alone.
- International silver prices also traded above $120 an ounce, surging more than 60% so far this year.
International gold prices have topped $5,500 per ounce for the first time on record.
According to Reuters on the 29th (local time), spot gold rose as high as $5,594.82 intraday. This is the first time gold has climbed above $5,500 an ounce. Reuters said that “investors flocked to safe-haven assets amid geopolitical uncertainty,” adding that “gold has been setting fresh record highs for nine consecutive sessions.”
Gold has risen more than 10% so far this week alone. Earlier, on the 26th, gold topped $5,000 an ounce for the first time ever. Gold prices gained about 65% in 2025 alone.
Silver is also on the rise. After spot silver broke above $110 an ounce on the 26th, it traded above $120 intraday on the day. Silver prices have surged more than 60% so far this year.
JOON HYOUNG LEE
gilson@bloomingbit.ioCrypto Journalist based in Seoul
