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Thursday January 29 2026
Gold price surges past $5,600 amid dollar weakness and geopolitical risk

Gold price surges past $5,600 amid dollar weakness and geopolitical risk

Gold crossing the $5,600 per ounce threshold marks a turning point in global finance. It signals the weight of accumulated risks, deepening uncertainty, and intensifying political turbulence across the world economy. What once seemed like extraordinary price levels are now becoming the new normal, and leading financial institutions argue that this rally is only at its dawn. Recent analysis from RBC Capital Markets underscores this point. The bank openly admits that its earlier forecasts for late 2026 are already outdated. The rapid weakening of the U.S. dollar, the expansion of geopolitical risks, and the intensification of global uncertainty have accelerated gold’s trajectory. It is no coincidence that in January 2026 alone, gold broke its all-time high eight times—a pace that dwarfs the 51 record highs seen across the entire year of 2025.

Nation
ADB reviews $2 mln project to strengthen private capital mobilization

ADB reviews $2 mln project to strengthen private capital mobilization

The Asian Development Bank (ADB) is considering a project aimed at supporting the development and implementation of a new metric focused on private capital mobilization, Azernews reports, citing the bank.The regional project will cover more than 40 countries, including Azerbaijan, Afghanistan, Armenia, Bangladesh, India, Indonesia, China, Pakistan, Türkiye, Vietnam, and others. According to the information, the total financing allocated for the project amounts to...

Oil & Gas
Azeri Light crude trades at $70.37 per barrel on CIF basis

Azeri Light crude trades at $70.37 per barrel on CIF basis

The price of Azerbaijan’s Azeri Light crude oil at Italy’s Augusta port, on a CIF basis, increased by $1.06, or 1.53%, compared to the previous figure, reaching $70.37 per barrel, Azernews reports.

Business
Azerbaijan car loan interest rates rise to 13% in 2025

Azerbaijan car loan interest rates rise to 13% in 2025

By the end of 2025, the average interest rate on car loans in Azerbaijan reached 13%, Azernews reports, citing the Central Bank of Azerbaijan. This represents a 3-percentage-point increase compared to the same period in 2024.

Analysis

Armenian-Azerbaijani conflict
Pashinyan says there will be no war with Azerbaijan, pledges defensive army build-up

Pashinyan says there will be no war with Azerbaijan, pledges defensive army build-up

Armenian Prime Minister Nikol Pashinyan has said that there will be no war with Azerbaijan, while stressing that Armenia will continue to develop its army and strengthen its defense capabilities, Azernews reports.

Armenian Aggression
Humanitarian worker injured in landmine explosion in Ağdərə’s Qızıloba village

Humanitarian worker injured in landmine explosion in Ağdərə’s Qızıloba village

A landmine explosion occurred in the Qızıloba village area of Ağdərə district, recently liberated from occupation, resulting in injury to a humanitarian worker, Azernews reports, citing the Azerbaijan National Agency for Mine Action (ANAMA).

World
Ankara, Paris pledge to strengthen bilateral ties in high-level talks

Ankara, Paris pledge to strengthen bilateral ties in high-level talks

Turkish Foreign Minister Hakan Fidan held a joint press conference with France’s Minister for Europe and Foreign Affairs, Jean-Noël Barrot, following their official talks.

Travel
Azerbaijani pilgrims currently at Medina international airport

Azerbaijani pilgrims currently at Medina international airport
Second group of Azerbaijani pilgrims to depart for Hajj this month

Second group of Azerbaijani pilgrims to depart for Hajj this month
Astana celebrates Novruz with festive events and cultural celebrations [PHOTOS]

Astana celebrates Novruz with festive events and cultural celebrations [PHOTOS]
Albania’s impeccable hospitality and exuberant architecture

Albania’s impeccable hospitality and exuberant architecture
Experience charm of autumn season at Shahdag National Park

Experience charm of autumn season at Shahdag National Park
Georgian foreign travelers arrive in Shusha

Georgian foreign travelers arrive in Shusha

Lifestyle
Old carpets turn into vibrant art pieces in Ganja [PHOTOS]

Old carpets turn into vibrant art pieces in Ganja [PHOTOS]

Within Arts Council Azerbaijan, art project "Second Life" (İkinci Həyat), a creative workshop and exhibition, has been held in Ganja, transforming the city's urban space into an open-air art venue, Azernews reports.

Culture
People's Artist Emin Agalarov releases new song [VIDEO]

People's Artist Emin Agalarov releases new song [VIDEO]

People's Artist Emin Agalarov (EMIN) has released a new song. It is the first official single from his highly anticipated English-language album Maybe Tomorrow, due out in March 2026, Azernews reports.

Events
bp's contributes to promotion of nonconformist movement in Azerbaijan's fine arts [PHOTOS]

bp's contributes to promotion of nonconformist movement in Azerbaijan's fine arts [PHOTOS]

bp, on behalf of its partners in the Azeri-Chirag-Gunashli, Baku-Tbilisi-Ceyhan, Shah Deniz and South Caucasus Pipeline projects - SOCAR, TPAO, LUKOIL, SGC, NICO, MOL, INPEX, ExxonMobil, ITOCHU, ONGC Videsh, Eni, MVM and TotalEnergies, has announced the successful completion of an important social project aimed at supporting the promotion of the non-conformist movement in Azerbaijani fine arts that emerged in the 1960s, Azernews reports.

Sports
AWF, NOC collaborate to boost Azerbaijan’s Olympic wrestling prospects [PHOTOS]

AWF, NOC collaborate to boost Azerbaijan’s Olympic wrestling prospects [PHOTOS]

A meeting has been held between the Azerbaijan Wrestling Federation (AWF) and officials of the National Olympic Committee (NOC) to discuss key ongoing initiatives and future projects, Azernews reports.

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