Gold FOMO could push metal to $4,000

Gold’s grind upward is showing no signs of slowing, with some eyeing another record milestone for the precious metal. "US $4,000/oz+ is likely a question of ‘when’ not ‘if’ in the current FOMO environment. We think there is a 75% probability that bullion markets breach US$4,000+ in 4Q or by early 2026," wrote Aakash Doshi, head of gold strategy for State Street Investment Management, in a note to clients. Gold wrapped its seventh week of gains, hitting an all-time high of $3,880.8 an ounce, bringing its yearly advance to over 47%. Uncertainty over the government shutdown, a weaker U.S. dollar