Gold price today: $5,000 in sight as bullion hits another record ahead of Fed week
New York, January 23, 2026, 17:03 EST — After-hours. Gold prices hovered just below the $5,000 mark on Friday after touching a fresh record, keeping the metal in the spotlight at the end of a volatile week. Spot gold was up 0.6% at $4,964.81 an ounce after hitting $4,988.17, while U.S. gold futures for February delivery settled 1.4% higher at $4,979.70. “Gold’s role as a haven and a diversifier in highly uncertain economic and political times is making it a necessity for strategic portfolios,” said Tai Wong, an independent metals trader. (Investing.com) The gold price move tracked a broad dip