Global Markets Roundup: Commodities, Forex & Crypto in Early 2026 | Dawan Africa
Kenya, January 16 2026 – Gold has remained one of the standout performers as 2026 gets underway, building on a monumental rally that began in 2025. Prices surged above $4,600 per ounce in early trading, a level driven by geopolitical tensions and renewed safe-haven demand. Analysts have tied the rally to risk aversion amid political conflicts and uncertainty in global monetary policy.
A strong bid from central banks accumulating gold reserves and heavy retail inflows into gold ETFs have bolstered prices further. Several major institutions project continued strength throughout 2026, with forecasts even pointing toward $5,000 an ounce or higher by year-end should geopolitical risk persist and real yields stay low.
Gold’s safe-haven appeal…




