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Gold Reaches New All-Time High Near $5,100 as Shiba Inu Holds Key Support

Gold Reaches New All-Time High Near $5,100 as Shiba Inu Holds Key Support

CryptonewslandCryptonewsland2026/01/28 17:39
By:Cryptonewsland
  • The price of gold spot rose to a new record of almost 5,100 following a 2.11 percent daily gain.
  • Shiba Inu fell 1.0% in 24 hours and supported itself by $0.057414 in a tight dispersion.
  • SHIB experienced no significant movement against BTC and ETH and only some relative price fluctuations have been noted.

The gold market price has continued to record an unprecedented rise, with the spot gold becoming an all-time high at around 5,100. The rally was also a significant continuity of the positive price movement where the values of gold were quoted at 5,092.785 with a daily change of 105.090 or 2.11. 

Gold reached a new ATH 👉🏻 $5100
I'm speechless at this point.

I hope $SHIB will reach a new ATH too. pic.twitter.com/ftxUDhhP2k

— $SHIB KNIGHT (@army_shiba) January 26, 2026

This was reached as the price action showed a good vertical movement in intraday charts. In the meantime, the focus was also on Shiba Inu that was lowering in the identical trading period whilst maintaining specific technical readings.

Gold Hits Record Levels as Price Extends Rally

It is important to note that spot gold has strongly surged past the mark of 5,000, and reached a new high of about 5,100. According to the price data, the gold was traded at 5,092.785 throughout the session. Further, intraday continuation was strong as indicated by a gain in the form of 2.11% daily. 

The chart showed a very obvious series of higher highs and higher lows. Besides, acceleration of the prices was also observed in the recent break out stage. The move further expanded an existing uptrend in gold as gold progressed. This development preconditioned the observation of a wide market.

Shiba Inu Trades Lower While Holding Structural Support

But Shiba Inu made relatively insignificant losses in the last 24 hours.

Price has continued to increase above the indicated support of $0.057414 despite the pullback. Moreover, SHIB remained in its 24-hour range of trading.

SHIB Maintains Stable Positioning Across BTC and ETH Pairs

Meanwhile, SHIB showed measured relative performance against major crypto pairs. The figures showed SHIB was trading at a 0.2 percent change of 0.0108739 BTC.ce was pegged at $0.057787 throughout the session. Additionally, SHIB exchanged at 0.082653 ETH, marking a 0.5% move. 

These relative figures added further context to the session’s price behavior. As a result, SHIB’s positioning remained consistent across quoted pairs. Together, these metrics completed the broader snapshot of current market activity.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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