Yardeni Research raises gold price forecast: targeting $6,000 in 2026, reaching $10,000 in 2029.

GateNews

2025-12-23 13:43:25

Odaily News On the last full trading day before the Christmas holiday, US stocks are expected to end quietly, despite a busy day of data. The independent investment research firm Yardeni Research, founded by “Wall Street veteran” and senior strategist Ed Yardeni, has just raised its target price for gold next year. The firm stated: “Earlier this year, when gold prices broke through $3000 per ounce, we predicted it would reach $4000 by the end of the year and $5000 by the end of next year. As gold prices break through $4500, we have raised the target for the end of 2026 to $6000, and still expect that by the end of this decade (by the end of 2029), gold prices will reach $10000.” (Jin10)

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