Uncertainty and Geopolitics
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Gold is approaching $5,000, and ‘unavoidable uncertainty' means it could go higher
MarketWatch· 2026-01-23 12:20
Core Insights - The primary lesson for gold investors in 2023 is the absence of limits to new price highs amid ongoing uncertainty and geopolitical tensions [1] Price Movement - Gold prices have been on an upward trajectory, reaching a high of $4,926 per ounce and briefly hitting $4,970 during Asian trading hours [1] - The closing price for gold on Thursday was a record $4,908.80 per ounce, indicating a strong performance [1] - A continued positive session would mark the fourth consecutive increase in gold prices [1]