Gold set several records in the last week of January 2026, surpassing the $5600 per ounce mark on January 29. By the evening the price began to fall rapidly and on Friday <a href="https://oninvest.com/article/cena-serebra-ruhnula-na-17-zolota-na-8-eto-krupnejsaa-rasprodaza-za-gody">fell</a> below $5000. Yevgeny Marchenko, an investor and author of the <a href="https://web.telegram.org/k/#@BizLike">Kubyshka </a>Telegram channel, believes that gold has only one option - to grow.

Evgeny Marchenko

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Gold prices soared and fell over $500 in a week: what happens next?