XAU/USD (Gold) $XAU 🚀🚀🚀 XAU/USD (Gold) has surged to record highs above $5,000 per ounce as of late January 2026, driven by intense safe-haven demand amid geopolitical tensions (Russia-Ukraine), potential Fed policy shifts, and strong investor inflows This parabolic rally marks the largest weekly gains since 2020, with technical indicators showing deep overbought conditions.