Gold Has Gone Parabolic. Central Banks Are Buying. Here's Why Some Investors Are Paying Attention Again
Yahoo Finance·2026-01-27 14:01

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Gold has crossed a threshold few expected this quickly. Spot prices surged past $5,100 an ounce in late January, extending a rally that has accelerated over the past year as geopolitical risk, fiscal strain, and currency credibility concerns collide. Analysts at Goldman Sachs now see gold reaching $5,400 by the end of 2026, while Union Bancaire Privée projects prices near $5,200 by year-end. This is a sp ...