Gold price again closer to $5,000 – Why gold futures are surging today – How gold has outperformed stocks as gold price forecasts point to $6,000 in 2026

Gold price again closer to $5,000 per ounce today. Gold futures surged nearly 7% on Feb. 3, jumping over $320 in one session and trading near $5,000 per ounce. Prices opened around $4,948 after closing near $4,653 a day earlier. Heavy central-bank buying, falling real yields, and geopolitical risk drove demand. Gold has now outperformed stocks over two years. Major banks see prices reaching $6,000 in 2026 as safe-haven flows accelerate.