Gold Soars Past Forecasts, Breaching $4,900 Per Ounce

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Gold Soars Past Forecasts, Breaching $4,900 Per Ounce - Sputnik Africa, 1920, 22.01.2026
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Gold Soars Past Forecasts, Breaching $4,900 Per Ounce

After a 64% surge in 2025—the strongest performance since 1979—the precious metal has already gained over 8% in early 2026.

⏳ This spectacular rally is happening far sooner than most analysts expected—on January 5, US bank Morgan Stanley projected $4,800 by Q4 2026.

Why this spike?

▪Escalating geopolitical tensions (particularly around Greenland);

▪ Massive central bank purchases;

▪ Investors seeking safe-haven assets.

Banks like JPMorgan and Bank of America now forecast gold will exceed $5,000 by end-2026.

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