Gold price today, Tuesday, January 20: Gold eclipses $4,700 per ounce for the first time

Gold (GC=F) futures opened at $4,633.70 per troy ounce on Tuesday, 0.8% higher than Friday’s closing price of $4,595.40. In early trading, the price of gold rose more than 2% to eclipse $4,700 per ounce for the first time. This latest gold surge follows President Trump’s weekend threats of new tariffs on eight countries unless they support a U.S. purchase of Greenland. In a Truth Social post, Trump characterized an acquisition of Greenland as imperative to U.S. national security. Greenland is an autonom ...