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Gold rose to 4400 dollars

February gold futures on the New York Mercantile Exchange (COMEX) updated a historical high, rising to almost 4403 dollars per troy ounce on Thursday evening.

Osaka / Wayne Studio / Getty Images

Then they slightly dropped — to 4,402.85 dollars per troy ounce.

Analysts believe that gold may briefly stay at this level. About a quarter of the demand for this precious metal is investment-driven, which means it could return to the market as supply.

Analysts at JP Morgan, Bank of America, and consulting firm Metals Focus now expect the price of bullion to reach 5000 dollars per troy ounce in 2026.

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"Didn't like the products on the shelf — and they write an SMS there." The Ministry of Internal Affairs called Threads a security threat and announced arrests 13

"Didn't like the products on the shelf — and they write an SMS there." The Ministry of Internal Affairs called Threads a security threat and announced arrests

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"Didn't like the products on the shelf — and they write an SMS there." The Ministry of Internal Affairs called Threads a security threat and announced arrests 13

"Didn't like the products on the shelf — and they write an SMS there." The Ministry of Internal Affairs called Threads a security threat and announced arrests

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