I think gold still has a long way to go up as global political instability is going to continue.
But I prefer gold mining stocks to physical gold as the mining companies are leveraged to the gold price and pay dividends.
Gold & Oil Jump on US–Iran Conflict! Safe-Haven Trade Push to $5000?
Gold surged to a fresh record near $4,600 amid escalating geopolitical tensions, reinforcing its role as the market’s ultimate hedge. While earlier institutional forecasts pointed to $5,000 gold in 2026, a recent annual survey by Goldman Sachs signals a more dramatic shift: U.S. equities losing favor, the Mag 7 underperforming, and geopolitics emerging as the biggest “gray rhino” risk. In that context, GS is eyeing a $6,000 upside scenario.
With gold already at record highs, is the move driven by fundamentals or fear positioning?
Can gold realistically reach $6,000 by 2026?
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