Gold Price Prediction 2026: Can Gold Reach $5,000 or Even $6,000?
The post Gold Price Prediction 2026: Can Gold Reach $5,000 or Even $6,000? appeared on BitcoinEthereumNews.com.
Gold has surged to record highs in early 2026, breaking decisively above the $4,600 level and entering price discovery. The move has been driven by a mix of geopolitical risk, uncertainty surrounding US monetary policy, and sustained demand for safe-haven assets. As gold continues to trend higher, market attention has shifted toward whether prices can extend the rally toward $5,000 and potentially beyond. Why gold prices are rising in 2026 Gold’s latest rally has been fueled by a sharp increase in global risk aversion. Investor confidence was shaken after reports emerged that US federal prosecutors opened a criminal investigation into Federal Reserve Chair Jerome Powell, raising concerns about the independence of the central bank. The situation triggered renewed demand for hard assets as investors sought protection from institutional and policy instability. Geopolitical tensions have further reinforced gold’s appeal. Escalating conflict risks in the Middle East, fresh US tariffs linked to Iran, and continued uncertainty surrounding global trade and security have kept safe-haven flows elevated. At the same time, US inflation has moderated enough to preserve expectations of interest rate cuts later in 2026, reducing real yields and lowering the opportunity cost of holding gold. Together, these factors have created a macro environment that remains broadly supportive for higher gold prices. Gold technical analysis: Price discovery above $4,600 Gold price technical analysis on the daily chart. Source: TradingView From a technical perspective, gold’s breakout above its previous all-time highs confirms the continuation of its long-term uptrend. The move above the October 2025 peak near $4,360 marked a key structural shift, pushing the market into price discovery territory. Price remains firmly above major moving averages, with the 50-day EMA around $4,250 acting as near-term dynamic support. The 200-day EMA, currently near $3,730, represents the level that would invalidate the broader bullish structure…
Filed under: News - @ January 15, 2026 10:22 pm