Persistent gains in gold warn that risk appetite hardly returns episode artwork

EPISODE · Jan 23, 2026 · 10 MIN

Persistent gains in gold warn that risk appetite hardly returns

from 🇬🇧 Stay ahead of the markets with Swissquote · host Swissquote, Ipek Ozkardeskaya, Feyyaz Alingan

Gold just went berserk — blasting past $4,950 while risk appetite stubbornly refuses to show up. Equities tried to rally, tech stocks flirted with gains, but investors are still biting their nails. Inflation, global jitters, and central bank caution are keeping everyone on edge… and that’s why gold is shining brighter than ever. On the tech side, the memory chip makes amass capital but their valuations look stretched too. And in the sovereign bonds space, the JGB selling may be cooling but the numbers do not add up! Listen to find out more! Ipek Ozkardeskaya has begun her financial career in 2010 in the structured products desk of the Swiss Banque Cantonale Vaudoise. She worked at HSBC Private Bank in Geneva in relation to high and ultra-high net worth clients. In 2012, she started as FX Strategist at Swissquote Bank. She worked as a Senior Market Analyst in London Capital Group in London and in Shanghai. She returned to Swissquote Bank as Senior Analyst in 2020, and launched her own website ipekScope.com in 2025.

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