The analyst named the reasons for updating the historical highs of gold prices

The rise in gold prices in 2025 led precious metal quotes to new historical highs amid increasing global economic and geopolitical uncertainty. In such conditions, investors traditionally increase investments in protective assets, the key of which remains gold. Alexey Lossan, an analyst at the financial marketplace Compare, told Izvestia on January 12.

"In 2026, price dynamics will largely depend on the Fed's decisions and the overall trajectory of the global economy. For Russia, the increase in gold prices is generally beneficial. The country is one of the largest producers of precious metals, and the high price directly supports export earnings and revenues of companies in the industry," the expert explained.

According to the analyst, rising gold prices increase the value of gold and foreign exchange reserves and strengthen the value of the precious metal as one of the key instruments of financial stability against the background of limited access to external capital markets.

Gold instead of dollars: why the whole world is buying precious metals

Distrust of the US currency was the reason for the rise of gold and silver

On the same day, it became known that exchange prices for gold and silver reached new record levels, exceeding the levels of $4,6 thousand and $83 per troy ounce for the first time in history. So, as of 8:09 a.m. Moscow time, the February gold contract on the New York stock Exchange rose in price by $80.55, which corresponds to an increase of 1.79%, and was trading at $4,581.45 per ounce. In addition, during trading, the value of the precious metal rose even higher, reaching $4,612.4.

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