Gold is approaching $5,000, and ‘unavoidable uncertainty’ means it could go higher

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Gold prices are approaching $5,000, and RBC's commodities head suggests it could rise further in a 'real risk-off scenario'. This implies potential market volatility and uncertainty.

Market Impact

Market impact analysis based on bullish sentiment with 80% confidence.

Sentiment
Bullish
AI Confidence
80%
Time Horizon
Short Term

Article Context

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RBC’s head of commodities says there could be paths even higher for gold in a “real risk-off scenario.”

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Original article published by MarketWatch on January 23, 2026.
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