Gold price today, Wednesday, January 21: Gold price surpasses new record of $4,800 per ounce

Gold (GC=F) futures opened at $4,767.50 per troy ounce on Wednesday, nearly even with Tuesday’s closing price of $4,765.80. In early trading, the price of gold rose more than 2% to surpass $4,800 per ounce for the first time. Ongoing tensions between the U.S. and several European countries over President Trump’s bid to purchase Greenland continue to drive the gold price higher. President Trump has threatened Denmark, Norway, Sweden, France, Germany, the U.K., the Netherlands, and Finland with 10% tariff ...