Markets Weekly Roundup – Commodities & Crypto Highlights (Week Ending 24 January 2026) | Dawan Africa

Kenya, 24 January 2026Global markets this week were shaped by heightened geopolitical uncertainty, currency movements and risk-off positioning among investors. Precious metals continued their strong uptrend, oil showed modest gains, while cryptocurrencies, led by Bitcoin, faced renewed pressure as traders adjusted to macroeconomic signals and safe-haven flows.

Gold Soars to Record Highs

Gold dominated the commodities landscape, climbing sharply to near or record levels approaching $5,000 per ounce amid sustained safe-haven demand.

Prices surged by more than 8% during the week, one of the largest weekly advances in years, driven by a combination of geopolitical risk, a softer U.S. dollar and expectations of potential interest rate cuts…

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