---
title: Syz The Moment | gold (9)
description: gold | Syz The Moment (9)
---

[![Syz Private banking](https://blog.syzgroup.com/hs-fs/hubfs/Logo.png?width=140&name=Logo.png "Syz Private banking")](https://www.syzgroup.com/fr)

## **Thinking** out loud

[Subscribe](https://25733253.hs-sites-eu1.com/newsletter-signup?hsLang=en)

[![Contact Us](https://hubspot-no-cache-eu1-prod.s3.amazonaws.com/cta/default/25733253/3d762f49-4e71-4f99-97b1-bf6781ef3da2.png)](https://hubspot-cta-redirect-eu1-prod.s3.amazonaws.com/cta/redirect/25733253/3d762f49-4e71-4f99-97b1-bf6781ef3da2)

- [OUR SERVICES](https://www.syzgroup.com/en/private-banking)
- [ABOUT SYZ](https://www.syzgroup.com/en/about/welcome-to-syz)
- [CAREERS](https://www.syzgroup.com/en/careers)
- [PRESS](https://www.syzgroup.com/en/news)
- [Blog Homepage](https://blog.syzgroup.com) 
    - [Slow Food for Thought](https://blog.syzgroup.com/slow-food-for-thought) 
          - [Focus](https://blog.syzgroup.com/slow-food-for-thoughts/tag/focus)
          - [Asset allocations Insights](https://blog.syzgroup.com/slow-food-for-thoughts/tag/asset-allocation-insights)
          - [Market Outlook](https://blog.syzgroup.com/slow-food-for-thoughts/tag/market-outlook)
          - [Swiss Perspectives](https://blog.syzgroup.com/slow-food-for-thoughts/tag/swiss-perspectives)
    - [Syz the moment](https://blog.syzgroup.com/syz-the-moment)
    - [Crypto corner](https://blog.syzgroup.com/crypto-corner)
    - [Syz AI Insights](https://blog.syzgroup.com/syz-ai-insights)
    - [Fast Food for Thought](https://blog.syzgroup.com/fast-food-for-thought) 
          - [The week in seven charts](https://blog.syzgroup.com/fast-food-for-thoughts/tag/the-week-in-seven-charts)
          - [Flash](https://blog.syzgroup.com/fast-food-for-thoughts/tag/flash)
          - [Fixed Income Weekly](https://blog.syzgroup.com/fast-food-for-thought/tag/weekly-fixed-income)
          - [Equity Weekly](https://blog.syzgroup.com/fast-food-for-thought/tag/weekly-equities)
          - [Global markets outlook](https://blog.syzgroup.com/fast-food-for-thoughts/tag/global-markets-outlook)
- [CONTACT](https://www.syzgroup.com/en/contact-us/form)
- [ENGLISH](https://www.syzgroup.com/)
- [FRANÇAIS](https://www.syzgroup.com/fr)

- [Slow Food for Thought](https://blog.syzgroup.com/slow-food-for-thought) 
    - [Focus](https://blog.syzgroup.com/slow-food-for-thoughts/tag/focus)
    - [Asset allocations Insights](https://blog.syzgroup.com/slow-food-for-thoughts/tag/asset-allocation-insights)
    - [Market Outlook](https://blog.syzgroup.com/slow-food-for-thoughts/tag/market-outlook)
    - [Swiss Perspectives](https://blog.syzgroup.com/slow-food-for-thoughts/tag/swiss-perspectives)
- [Fast Food for Thought](https://blog.syzgroup.com/fast-food-for-thought) 
    - [Flash](https://blog.syzgroup.com/fast-food-for-thoughts/tag/flash)
    - [Weekly Fixed Income](https://blog.syzgroup.com/fast-food-for-thought/tag/weekly-fixed-income)
    - [The week in seven charts](https://blog.syzgroup.com/slow-food-for-thoughts/tag/the-week-in-seven-charts)
    - [Global markets outlook](https://blog.syzgroup.com/fast-food-for-thoughts/tag/global-markets-outlook)
    - [Weekly Equities](https://blog.syzgroup.com/fast-food-for-thought/tag/weekly-equities)
- [Syz the moment](https://blog.syzgroup.com/syz-the-moment)
- [Crypto corner](https://blog.syzgroup.com/crypto-corner)
- [Syz AI Insights](https://blog.syzgroup.com/syz-ai-insights)
- [Our Services](https://www.syzgroup.com/en/private-banking)
- [About Syz](https://www.syzgroup.com/en/about/welcome-to-syz)
- [Careers](https://www.syzgroup.com/en/careers)
- [Press](https://www.syzgroup.com/en/news)
- [Contact](https://www.syzgroup.com/en/contact-us/form)
- [English](https://www.syzgroup.com/)
- [Français](https://www.syzgroup.com/fr)

## **Sign-up** for our newsletter

 This website uses cookies to enhance user navigation and to collect statistical data. You can change your settings below to refuse the use of cookies. For more information, please refer to the [Cookies policy](https://www.syzgroup.com/en/legal-notices).

 Mandatory cookies

 Functional cookies

 Statistics & marketing

I confirm I am not a US citizen residing in the US

I confirm I am not accessing this site from the US

I confirm that I am not a resident of Canada (except for Ontario, Quebec, British Columbia or Alberta).

Agree and confirm

### Restricted access

We are sorry that for legal reasons we are not able to help US citizens or Canadian residents other than in Ontario, Quebec, or Alberta. Best wishes for the future…

### Restricted access

We are sorry that for legal reasons we are not able to help US citizens or Canadian residents other than in Ontario, Quebec, or Alberta. Best wishes for the future…

You chose the following profile. If you made a mistake, please change here USA

Country

Switzerland Canada: Other than Ontario, Quebec, Alberta Canada: Ontario, Quebec or Alberta USA Other country

Language

Language English French German Italian

I confirm

Legal information

This marketing document has been issued by Bank Syz Ltd. It is not intended for distribution to, publication, provision or use by individuals or legal entities that are citizens of or reside in a state, country or jurisdiction in which applicable laws and regulations prohibit its distribution, publication, provision or use. It is not directed to any person or entity to whom it would be illegal to send such marketing material.

This document is intended for informational purposes only and should not be construed as an offer, solicitation or recommendation for the subscription, purchase, sale or safekeeping of any security or financial instrument or for the engagement in any other transaction, as the provision of any investment advice or service, or as a contractual document. Nothing in this document constitutes an investment, legal, tax or accounting advice or a representation that any investment or strategy is suitable or appropriate for an investor's particular and individual circumstances, nor does it constitute a personalized investment advice for any investor.

This document reflects the information, opinions and comments of Bank Syz Ltd. as of the date of its publication, which are subject to change without notice. The opinions and comments of the authors in this document reflect their current views and may not coincide with those of other   
 Syz Group entities or third parties, which may have reached different conclusions. The market valuations, terms and calculations contained herein are estimates only. The information provided comes from sources deemed reliable, but Bank Syz Ltd. does not guarantee its completeness, accuracy, reliability and actuality. Past performance gives no indication of nor guarantees current or future results. Bank Syz Ltd. accepts no liability for any loss arising from the use of this document.

## Straight from the Desk

# **Syz** the moment

Live feeds, charts, breaking stories, all day long.

- [All](https://blog.syzgroup.com/syz-the-moment)
- [equities](https://blog.syzgroup.com/syz-the-moment/tag/equities)
- [United States](https://blog.syzgroup.com/syz-the-moment/tag/united-states)
- [Macroeconomics](https://blog.syzgroup.com/syz-the-moment/tag/macroeconomics)
- [Food for Thought](https://blog.syzgroup.com/syz-the-moment/tag/food-for-thought)
- [markets](https://blog.syzgroup.com/syz-the-moment/tag/markets)
- [Central banks](https://blog.syzgroup.com/syz-the-moment/tag/central-banks)
- [bitcoin](https://blog.syzgroup.com/syz-the-moment/tag/bitcoin)
- [Fixed Income](https://blog.syzgroup.com/syz-the-moment/tag/fixed-income)
- [geopolitics](https://blog.syzgroup.com/syz-the-moment/tag/geopolitics)
- [AI](https://blog.syzgroup.com/syz-the-moment/tag/ai)
- [europe](https://blog.syzgroup.com/syz-the-moment/tag/europe)
- [Asia](https://blog.syzgroup.com/syz-the-moment/tag/asia)
- [gold](https://blog.syzgroup.com/syz-the-moment/tag/gold)
- [Commodities](https://blog.syzgroup.com/syz-the-moment/tag/commodities)
- [investing](https://blog.syzgroup.com/syz-the-moment/tag/investing)
- [Technology](https://blog.syzgroup.com/syz-the-moment/tag/technology)
- [Crypto](https://blog.syzgroup.com/syz-the-moment/tag/crypto)
- [technical analysis](https://blog.syzgroup.com/syz-the-moment/tag/technical-analysis)
- [nvidia](https://blog.syzgroup.com/syz-the-moment/tag/nvidia)
- [oil](https://blog.syzgroup.com/syz-the-moment/tag/oil)
- [china](https://blog.syzgroup.com/syz-the-moment/tag/china)
- [ETF](https://blog.syzgroup.com/syz-the-moment/tag/etf)
- [earnings](https://blog.syzgroup.com/syz-the-moment/tag/earnings)
- [Forex](https://blog.syzgroup.com/syz-the-moment/tag/forex)
- [energy](https://blog.syzgroup.com/syz-the-moment/tag/energy)
- [banking](https://blog.syzgroup.com/syz-the-moment/tag/banking)
- [magnificent-7](https://blog.syzgroup.com/syz-the-moment/tag/magnificent-7)
- [Alternatives](https://blog.syzgroup.com/syz-the-moment/tag/alternatives)
- [Volatility](https://blog.syzgroup.com/syz-the-moment/tag/volatility)
- [Real Estate](https://blog.syzgroup.com/syz-the-moment/tag/real-estate)
- [apple](https://blog.syzgroup.com/syz-the-moment/tag/apple)
- [emerging-markets](https://blog.syzgroup.com/syz-the-moment/tag/emerging-markets)
- [google](https://blog.syzgroup.com/syz-the-moment/tag/google)
- [Middle East](https://blog.syzgroup.com/syz-the-moment/tag/middle-east)
- [switzerland](https://blog.syzgroup.com/syz-the-moment/tag/switzerland)
- [tesla](https://blog.syzgroup.com/syz-the-moment/tag/tesla)
- [United Kingdom](https://blog.syzgroup.com/syz-the-moment/tag/united-kingdom)
- [amazon](https://blog.syzgroup.com/syz-the-moment/tag/amazon)
- [microsoft](https://blog.syzgroup.com/syz-the-moment/tag/microsoft)
- [assetmanagement](https://blog.syzgroup.com/syz-the-moment/tag/assetmanagement)
- [ethereum](https://blog.syzgroup.com/syz-the-moment/tag/ethereum)
- [meta](https://blog.syzgroup.com/syz-the-moment/tag/meta)
- [russia](https://blog.syzgroup.com/syz-the-moment/tag/russia)
- [Industrial-production](https://blog.syzgroup.com/syz-the-moment/tag/industrial-production)
- [Healthcare](https://blog.syzgroup.com/syz-the-moment/tag/healthcare)
- [ESG](https://blog.syzgroup.com/syz-the-moment/tag/esg)
- [Global Markets Outlook](https://blog.syzgroup.com/syz-the-moment/tag/global-markets-outlook)
- [Turkey](https://blog.syzgroup.com/syz-the-moment/tag/turkey)
- [inflation](https://blog.syzgroup.com/syz-the-moment/tag/inflation)
- [bankruptcy](https://blog.syzgroup.com/syz-the-moment/tag/bankruptcy)
- [brics](https://blog.syzgroup.com/syz-the-moment/tag/brics)
- [Market Outlook](https://blog.syzgroup.com/syz-the-moment/tag/market-outlook)
- [performance](https://blog.syzgroup.com/syz-the-moment/tag/performance)
- [africa](https://blog.syzgroup.com/syz-the-moment/tag/africa)
- [LLM](https://blog.syzgroup.com/syz-the-moment/tag/llm)
- [Global](https://blog.syzgroup.com/syz-the-moment/tag/global)
- [Market News](https://blog.syzgroup.com/syz-the-moment/tag/market-news)
- [Weekly Equities](https://blog.syzgroup.com/syz-the-moment/tag/weekly-equities)

Show more

27 Jan 2026

- <https://twitter.com/intent/tweet?url=https://blog.syzgroup.com/syz-the-moment/wait-a-minute&text=Wait%20a%20minute...>
- <http://www.linkedin.com/shareArticle?mini=true&url=https://blog.syzgroup.com/syz-the-moment/wait-a-minute&submitted-image-url=https://25733253.fs1.hubspotusercontent-eu1.net/hubfs/25733253/5-Jan-27-2026-01-21-26-5903-PM.jpg&title=Wait%20a%20minute...&summary=Source:%20Heisenberg&source=https://blog.syzgroup.com/syz-the-moment/wait-a-minute>
- <https://www.facebook.com/sharer/sharer.php?u=https://blog.syzgroup.com/syz-the-moment/wait-a-minute>

#### Wait a minute...

Source: Heisenberg

[#Commodities|](https://blog.syzgroup.com/syz-the-moment/tag/commodities) [#gold](https://blog.syzgroup.com/syz-the-moment/tag/gold)

![Wait a minute...](https://blog.syzgroup.com/hubfs/5-Jan-27-2026-01-21-26-5903-PM.jpg)

![Wait a minute...](https://blog.syzgroup.com/hubfs/5-Jan-27-2026-01-21-26-5903-PM.jpg)

26 Jan 2026

- <https://twitter.com/intent/tweet?url=https://blog.syzgroup.com/syz-the-moment/and-there-you-have-it-gold-is-officially-trading-above-5000&text=And%20there%20you%20have%20it%20Gold%20is%20officially%20trading%20above%20$5,000.>
- <http://www.linkedin.com/shareArticle?mini=true&url=https://blog.syzgroup.com/syz-the-moment/and-there-you-have-it-gold-is-officially-trading-above-5000&submitted-image-url=https://25733253.fs1.hubspotusercontent-eu1.net/hubfs/25733253/8-Jan-26-2026-02-29-57-3400-PM.jpg&title=And%20there%20you%20have%20it%20Gold%20is%20officially%20trading%20above%20$5,000.&summary=Source%20:%20Mohamed%20El-Erian&source=https://blog.syzgroup.com/syz-the-moment/and-there-you-have-it-gold-is-officially-trading-above-5000>
- <https://www.facebook.com/sharer/sharer.php?u=https://blog.syzgroup.com/syz-the-moment/and-there-you-have-it-gold-is-officially-trading-above-5000>

#### And there you have it Gold is officially trading above $5,000.

Source : Mohamed El-Erian

[#Commodities|](https://blog.syzgroup.com/syz-the-moment/tag/commodities) [#gold](https://blog.syzgroup.com/syz-the-moment/tag/gold)

![And there you have it Gold is officially trading above $5,000.](https://blog.syzgroup.com/hubfs/8-Jan-26-2026-02-29-57-3400-PM.jpg)

![And there you have it Gold is officially trading above $5,000.](https://blog.syzgroup.com/hubfs/8-Jan-26-2026-02-29-57-3400-PM.jpg)

26 Jan 2026

- <https://twitter.com/intent/tweet?url=https://blog.syzgroup.com/syz-the-moment/total-returns-since-inception-of-the-first-gold-etf-in-november-2004&text=Total%20Returns%20since%20inception%20of%20the%20first%20Gold%20ETF%20in%20November%202004>
- <http://www.linkedin.com/shareArticle?mini=true&url=https://blog.syzgroup.com/syz-the-moment/total-returns-since-inception-of-the-first-gold-etf-in-november-2004&submitted-image-url=https://25733253.fs1.hubspotusercontent-eu1.net/hubfs/25733253/7-Jan-26-2026-02-28-42-3257-PM.jpg&title=Total%20Returns%20since%20inception%20of%20the%20first%20Gold%20ETF%20in%20November%202004&summary=Berkshire%20Hathaway%20$BRK.B:%20+744%%20Gold%20ETF%20$GLD:%20+932%%20Source:%20Charlie%20Bilello&source=https://blog.syzgroup.com/syz-the-moment/total-returns-since-inception-of-the-first-gold-etf-in-november-2004>
- <https://www.facebook.com/sharer/sharer.php?u=https://blog.syzgroup.com/syz-the-moment/total-returns-since-inception-of-the-first-gold-etf-in-november-2004>

#### Total Returns since inception of the first Gold ETF in November 2004

Berkshire Hathaway $BRK.B: +744% Gold ETF $GLD: +932% Source: Charlie Bilello

[#equities|](https://blog.syzgroup.com/syz-the-moment/tag/equities) [#gold](https://blog.syzgroup.com/syz-the-moment/tag/gold)

![Total Returns since inception of the first Gold ETF in November 2004](https://blog.syzgroup.com/hubfs/7-Jan-26-2026-02-28-42-3257-PM.jpg)

![Total Returns since inception of the first Gold ETF in November 2004](https://blog.syzgroup.com/hubfs/7-Jan-26-2026-02-28-42-3257-PM.jpg)

26 Jan 2026

- <https://twitter.com/intent/tweet?url=https://blog.syzgroup.com/syz-the-moment/i-disagree-with-this-headline-from-cnn&text=I%20disagree%20with%20this%20headline%20from%20CNN>
- <http://www.linkedin.com/shareArticle?mini=true&url=https://blog.syzgroup.com/syz-the-moment/i-disagree-with-this-headline-from-cnn&submitted-image-url=https://25733253.fs1.hubspotusercontent-eu1.net/hubfs/25733253/6-Jan-26-2026-02-27-01-9866-PM.jpg&title=I%20disagree%20with%20this%20headline%20from%20CNN&summary=Gold%20is%20not%20rising%20because%20of%20Trump.%20It%20is%20rising%20because%20the%20US%20has%20$39%20trillion%20in%20debt,%20$2%20trillion%20in%20annual%20deficits,%2025%%20of%20tax%20revenue%20goes%20to%20interest%20payments%20and%20Congress%20refuses%20to%20stop.%20They%20thus%20need%20to%20go%20through%20monetary%20debasement.%20This%20is%20not%20a%20bug.%20It%20is%20a%20feature%20of%20the%20system.%20And%20store%20of%20values%20are%20one%20of%20the%20way%20to%20protect%20purchasing%20power.%20By%20the%20way,%20Europe%20and%20Japan%20have%20similar%20debt%20and%20spending%20problems.%20Gold%20is%20at%20record%20highs%20against%20every%20currency,%20not%20just%20the%20dollar.%20Source:%20Wall%20Street%20Mav&source=https://blog.syzgroup.com/syz-the-moment/i-disagree-with-this-headline-from-cnn>
- <https://www.facebook.com/sharer/sharer.php?u=https://blog.syzgroup.com/syz-the-moment/i-disagree-with-this-headline-from-cnn>

#### I disagree with this headline from CNN

Gold is not rising because of Trump. It is rising because the US has $39 trillion in debt, $2 trillion in annual deficits, 25% of tax revenue goes to interest payments and Congress refuses to stop. They thus need to go through monetary debasement. This is not a bug. It is a feature of the system. And store of values are one of the way to protect purchasing power. By the way, Europe and Japan have similar debt and spending problems. Gold is at record highs against every currency, not just the dollar. Source: Wall Street Mav

[#United States|](https://blog.syzgroup.com/syz-the-moment/tag/united-states) [#gold](https://blog.syzgroup.com/syz-the-moment/tag/gold)

![I disagree with this headline from CNN](https://blog.syzgroup.com/hubfs/6-Jan-26-2026-02-27-01-9866-PM.jpg)

![I disagree with this headline from CNN](https://blog.syzgroup.com/hubfs/6-Jan-26-2026-02-27-01-9866-PM.jpg)

23 Jan 2026

- <https://twitter.com/intent/tweet?url=https://blog.syzgroup.com/syz-the-moment/a-shocking-chart-while-gold-is-flirting-with-5000/oz-it-remains-historically-undervalued-versus-a-50/50-sp-500-/-us-treasuries-portfolio&text=A%20shocking%20chart%20while%20Gold%20is%20flirting%20with%20$5,000/oz,%20it%20remains%20historically%20undervalued%20versus%20a%2050/50%20(S&P%20500%20/%20US%20Treasuries)%20portfolio>
- <http://www.linkedin.com/shareArticle?mini=true&url=https://blog.syzgroup.com/syz-the-moment/a-shocking-chart-while-gold-is-flirting-with-5000/oz-it-remains-historically-undervalued-versus-a-50/50-sp-500-/-us-treasuries-portfolio&submitted-image-url=https://25733253.fs1.hubspotusercontent-eu1.net/hubfs/25733253/9-Jan-23-2026-10-01-55-1328-AM.jpg&title=A%20shocking%20chart%20while%20Gold%20is%20flirting%20with%20$5,000/oz,%20it%20remains%20historically%20undervalued%20versus%20a%2050/50%20(S&P%20500%20/%20US%20Treasuries)%20portfolio&summary=Source:%20Bloomberg,%20www.zerohedge.com&source=https://blog.syzgroup.com/syz-the-moment/a-shocking-chart-while-gold-is-flirting-with-5000/oz-it-remains-historically-undervalued-versus-a-50/50-sp-500-/-us-treasuries-portfolio>
- <https://www.facebook.com/sharer/sharer.php?u=https://blog.syzgroup.com/syz-the-moment/a-shocking-chart-while-gold-is-flirting-with-5000/oz-it-remains-historically-undervalued-versus-a-50/50-sp-500-/-us-treasuries-portfolio>

#### A shocking chart while Gold is flirting with $5,000/oz, it remains historically undervalued versus a 50/50 (S&P 500 / US Treasuries) portfolio

Source: Bloomberg, www.zerohedge.com

[#Fixed Income|](https://blog.syzgroup.com/syz-the-moment/tag/fixed-income) [#gold](https://blog.syzgroup.com/syz-the-moment/tag/gold)

![A shocking chart while Gold is flirting with $5,000/oz, it remains historically undervalued versus a 50/50 (S&P 500 / US Treasuries) portfolio](https://blog.syzgroup.com/hubfs/9-Jan-23-2026-10-01-55-1328-AM.jpg)

![A shocking chart while Gold is flirting with $5,000/oz, it remains historically undervalued versus a 50/50 (S&P 500 / US Treasuries) portfolio](https://blog.syzgroup.com/hubfs/9-Jan-23-2026-10-01-55-1328-AM.jpg)

23 Jan 2026

- <https://twitter.com/intent/tweet?url=https://blog.syzgroup.com/syz-the-moment/goldman-is-raising-gold-price-target-to-5400&text=Goldman%20is%20raising%20Gold%20price%20target%20to%20$5,400>
- <http://www.linkedin.com/shareArticle?mini=true&url=https://blog.syzgroup.com/syz-the-moment/goldman-is-raising-gold-price-target-to-5400&submitted-image-url=https://25733253.fs1.hubspotusercontent-eu1.net/hubfs/25733253/5-Jan-23-2026-09-56-01-8499-AM.jpg&title=Goldman%20is%20raising%20Gold%20price%20target%20to%20$5,400&summary="We%20raise%20our%20Dec2026%20gold%20price%20forecast%20to%20$5,400/toz%20(vs.%20$4,900%20prior)%20because%20the%20key%20upside%20risk%20we%20have%20flagged--private%20sector%20diversification%20into%20gold--has%20started%20to%20realize.%20We%20assume%20private%20sector%20diversification%20buyers,%20whose%20purchases%20hedge%20global%20policy%20risks%20and%20have%20driven%20the%20upside%20surprise%20to%20our%20price%20forecast,%20don>
- <https://www.facebook.com/sharer/sharer.php?u=https://blog.syzgroup.com/syz-the-moment/goldman-is-raising-gold-price-target-to-5400>

#### Goldman is raising Gold price target to $5,400

"We raise our Dec2026 gold price forecast to $5,400/toz (vs. $4,900 prior) because the key upside risk we have flagged--private sector diversification into gold--has started to realize. We assume private sector diversification buyers, whose purchases hedge global policy risks and have driven the upside surprise to our price forecast, don't liquidate their gold holdings in 2026, effectively lifting the starting point of our price forecast." Source: TME

[#Commodities|](https://blog.syzgroup.com/syz-the-moment/tag/commodities) [#gold](https://blog.syzgroup.com/syz-the-moment/tag/gold)

![Goldman is raising Gold price target to $5,400](https://blog.syzgroup.com/hubfs/5-Jan-23-2026-09-56-01-8499-AM.jpg)

![Goldman is raising Gold price target to $5,400](https://blog.syzgroup.com/hubfs/5-Jan-23-2026-09-56-01-8499-AM.jpg)

23 Jan 2026

- <https://twitter.com/intent/tweet?url=https://blog.syzgroup.com/syz-the-moment/gold-jumps-to-4900-for-the-first-time-in-history&text=Gold%20jumps%20to%20$4,900%20for%20the%20first%20time%20in%20history>
- <http://www.linkedin.com/shareArticle?mini=true&url=https://blog.syzgroup.com/syz-the-moment/gold-jumps-to-4900-for-the-first-time-in-history&submitted-image-url=https://25733253.fs1.hubspotusercontent-eu1.net/hubfs/25733253/4-Jan-23-2026-09-54-50-0734-AM.jpg&title=Gold%20jumps%20to%20$4,900%20for%20the%20first%20time%20in%20history&summary=Source:%20Barchart&source=https://blog.syzgroup.com/syz-the-moment/gold-jumps-to-4900-for-the-first-time-in-history>
- <https://www.facebook.com/sharer/sharer.php?u=https://blog.syzgroup.com/syz-the-moment/gold-jumps-to-4900-for-the-first-time-in-history>

#### Gold jumps to $4,900 for the first time in history

Source: Barchart

[#Commodities|](https://blog.syzgroup.com/syz-the-moment/tag/commodities) [#gold](https://blog.syzgroup.com/syz-the-moment/tag/gold)

![Gold jumps to $4,900 for the first time in history](https://blog.syzgroup.com/hubfs/4-Jan-23-2026-09-54-50-0734-AM.jpg)

![Gold jumps to $4,900 for the first time in history](https://blog.syzgroup.com/hubfs/4-Jan-23-2026-09-54-50-0734-AM.jpg)

22 Jan 2026

- <https://twitter.com/intent/tweet?url=https://blog.syzgroup.com/syz-the-moment/is-gold-still-the-go-to-fear-hedge&text=Is%20Gold%20Still%20the%20Go-To%20Fear%20Hedge>
- <http://www.linkedin.com/shareArticle?mini=true&url=https://blog.syzgroup.com/syz-the-moment/is-gold-still-the-go-to-fear-hedge&submitted-image-url=https://25733253.fs1.hubspotusercontent-eu1.net/hubfs/25733253/5-Jan-22-2026-01-54-51-1777-PM.jpg&title=Is%20Gold%20Still%20the%20Go-To%20Fear%20Hedge&summary=Better%20hashtag#hedge%20alternatives?%20hashtag#Gold%20as%20the%20global%20fear%20hedge%20looks%20expensive%20relative%20to%20the%20VIX.%20Volatility%20remains%20somewhat%20elevated%20despite%20the%20recent%20pullback%20tied%20to%20the%20Greenland/Trump%20headlines,%20but%20chasing%20gold%20here%20as%20protection%20looks%20late.%20Source:%20TME&source=https://blog.syzgroup.com/syz-the-moment/is-gold-still-the-go-to-fear-hedge>
- <https://www.facebook.com/sharer/sharer.php?u=https://blog.syzgroup.com/syz-the-moment/is-gold-still-the-go-to-fear-hedge>

#### Is Gold Still the Go-To Fear Hedge

Better hashtag#hedge alternatives? hashtag#Gold as the global fear hedge looks expensive relative to the VIX. Volatility remains somewhat elevated despite the recent pullback tied to the Greenland/Trump headlines, but chasing gold here as protection looks late. Source: TME

[#Commodities|](https://blog.syzgroup.com/syz-the-moment/tag/commodities) [#gold](https://blog.syzgroup.com/syz-the-moment/tag/gold)

![Is Gold Still the Go-To Fear Hedge](https://blog.syzgroup.com/hubfs/5-Jan-22-2026-01-54-51-1777-PM.jpg)

![Is Gold Still the Go-To Fear Hedge](https://blog.syzgroup.com/hubfs/5-Jan-22-2026-01-54-51-1777-PM.jpg)

❮❮ [❮](https://blog.syzgroup.com/syz-the-moment/tag/gold/page/8)

[7](https://blog.syzgroup.com/syz-the-moment/tag/gold/page/7) [8](https://blog.syzgroup.com/syz-the-moment/tag/gold/page/8) [9](https://blog.syzgroup.com/syz-the-moment/tag/gold/page/9) [10](https://blog.syzgroup.com/syz-the-moment/tag/gold/page/10) [11](https://blog.syzgroup.com/syz-the-moment/tag/gold/page/11)

[❯](https://blog.syzgroup.com/syz-the-moment/tag/gold/page/10) [❯❯](https://blog.syzgroup.com/syz-the-moment/tag/gold/page/54?hsLang=en)

## **Thinking** out loud

Sign up for our weekly email highlighting the most popular posts.

Follow us

## **Thinking** out loud

- <https://www.linkedin.com/company/syz-group>
- <https://twitter.com/SYZ_Group>
- <https://www.facebook.com/Syzgroup>
- <https://www.youtube.com/channel/UCqYkMqGRB-DaDaggM8fTW8g>

## **Investing** with intelligence

Our latest research, commentary and market outlooks

#### [Weekly Market Update](https://blog.syzgroup.com/fast-food-for-thoughts/tag/weekly-market-update?hsLang=en)

#### [Focus](https://blog.syzgroup.com/slow-food-for-thoughts/tag/focus?hsLang=en)

#### [Asset Allocation Insights](https://blog.syzgroup.com/slow-food-for-thoughts/tag/asset-allocation-insights?hsLang=en)

#### [Semi-annual Outlook](https://blog.syzgroup.com/slow-food-for-thoughts/tag/semi-annual-outlook?hsLang=en)

- [Contact](https://www.syzgroup.com/en/contact-us/form)
- [Terms & conditions](https://www.syzgroup.com/sites/default/files/document/2021-12/001-2_en-general_terms_and_conditions_w.pdf)
- [Data protection notice](https://www.syzgroup.com/en/data-protection-notice)
- [Cookies policy](https://www.syzgroup.com/en/legal-notices)
- [Syzgroup.com](https://www.syzgroup.com/)