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After weeks of price fluctuations, the white metal hit a nominal all-time high of over $110 per troy ounce in late January 2026 — a milestone that sent investors scrambling to try and capitalize on the metal's impressive price uptick.—Angelica Leicht, CBS News, 18 Feb. 2026 Since the initial rate hike in 2022, the price of gold has skyrocketed, increasing by more than 150% to hit a record-breaking $5,000 per troy ounce last month.—Sasha Rogelberg, Fortune, 11 Feb. 2026 JPMorgan Chase expects gold prices to hit $6,300 a troy ounce by the end of 2026.—John Towfighi, CNN Money, 6 Feb. 2026 Gold reached a record $5,500 per troy ounce on Thursday, nearly double its $2,800 value from a year ago, according to spot price data from Kitco.—Maliya Ellis, Houston Chronicle, 1 Feb. 2026 About 95 million troy ounces of gold are mined annually, adding to supply.—Terry Savage, Chicago Tribune, 28 Jan. 2026 Analysts at JPMorgan Chase expect prices to rise above $5,000 a troy ounce in 2026.—Cnn.com Wire Service, Mercury News, 25 Dec. 2025 Over time, fiscal policies have created a sharp divergence in total purchasing power between $1 and a troy ounce of gold.—Marc Guberti, Sacramento Bee, 26 Feb. 2025 Most actively traded gold futures for December delivery slid 1.7% to $1,944.70 a troy ounce on the Comex division of the New York Mercantile Exchange.—Amrith Ramkumar, WSJ, 2 Sep. 2020
Word History
Etymology
Middle English troye, probably from Troyes, France