Gold smashes new record of $4,600 as Powell probe and global flashpoints ignite safe-haven rush

Spot gold advanced higher to hit over $4,600 an ounce for the first time.

# Gold smashes new record of $4,600 as Powell probe and global flashpoints ignite safe-haven rush Spot gold advanced higher to hit over $4,600 an ounce for the first time. **Read the full article:** [CNBC](https://www.cnbc.com/2026/01/12/gold-record-haven-powell-venezuela-iran.html) *This article was originally published by CNBC. MoneyWiseInc provides expert curation of the best financial content from trusted sources.*