Yardeni Research raises gold price forecast: aiming for $6,000 in 2026 and $10,000 by 2029
According to Odaily, on the last full trading day before the Christmas holiday, the US stock market is expected to close flat, despite a relatively dense data release on the day. Yardeni Research, an independent investment research institution founded by Wall Street veteran and senior strategist Ed Yardeni, has just raised its gold price target for next year. The institution stated: "At the beginning of this year, when the gold price broke through $3,000 per ounce, we predicted it would reach $4,000 by year-end and $5,000 by the end of next year. As the gold price surpasses $4,500, we have raised our target for the end of 2026 to $6,000, and we still expect the gold price to reach $10,000 by the end of this decade (end of 2029)." (Golden Ten Data)
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