After hovering slightly below $2,000 for years, Gold began a climb in late 2023 that, by press time on January 29, 2026, took it to a staggering high above $5,513.
Indeed, the yellow metal rallied by 190% in just over two years and saw its market capitalization rise to approximately $40 trillion.
Gold price 5-year chart. Source: TradingViewFor comparison, the cumulative valuation of the ‘Magnificent 7’ companies – led by Nvidia (NASDAQ: NVDA) – amounts to about $22 trillion, and the 2025 nominal GDP of the U.S. stood at an estimated $30.6 trillion.
Since 2026 started, gold appears to have only accelerated its rise, together with the other top ‘safe haven’ asset, silver, rallying 27.56% in less than a month. Though such performance has left no shortage of excitement among investors, it also opens a possibility of a sudden and violent correction.
Seeking clarity on where the world’s top commodity might go, Finbold decided to consult the advanced artificial intelligence (AI) of ChatGPT on where the price of gold might stand at the start of February.
ChatGPT sets Gold February 2, 2026, price target
ChatGPT was quick to not only acknowledge gold’s impressive rise but also highlight persistent geopolitical uncertainty, the central bank buying spree, and the technical momentum as key drivers behind the rally.
Thus, OpenAI’s flagship platform estimated an optimistic February 2 – the first trading day in the month – price target for the yellow metal, explaining it is likely to hit $5,630 on the day.
According to the AI, demand, the weakening of the American dollar (USD), central bank policy in the U.S. and abroad, and, once again, technical momentum all serve as tailwinds for gold.
Key bullish factors behind the ChatGPT gold price target. Source: Finbold & ChatGPTChatGPT, however, also explained that there are sufficient risk factors for its predicted 2% rally by February 2 to be dwarfed by the 11.39% rise in the last five days.
Specifically, the large language model (LLM) named a potential hawkish surprise from a central bank like the Fed, a U.S. dollar index (DXY) upward bounce, and profit-taking due to the high price as limiting factors.
Key factors limiting Gold’s potential upside by February 2026. Source: Finbold & ChatGPTGold prices to remain elevated through 2026, per ChatGPT
Elsewhere and possibly most interesting, ChatGPT opined that gold could easily climb as high as $6,800 by the end of 2026 for an additional 23% upsurge.
The ChatGPT Gold price target for late 2026. Source: Finbold & ChatGPTThe recent moves in the commodity market are indicative of a shift in the meaning of ‘risk-free,’ thus making, especially after multiple psychological barriers have been broken through, a more complete retracement highly unlikely.
Featured image via Shutterstock
Source: https://finbold.com/chatgpt-sets-gold-price-for-february-1-2026/
