Rising bond yields could push gold price to $4,000, but State Street’s Doshi still sees $5,000 by Q2 2027 - Kitco
Rising bond yields could push gold price to $4,000, but State Street’s Doshi still sees $5,000 by Q2 2027 - Kitco
Source: Kitco
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DW NOTE
State Street sees $5,000 gold by Q2 2027 while the metal trades at $4,171 today — down 21.6% from its January high of $5,318. That 20% gain would require the Fed to reverse course on rates it just raised for the first time since 2023, or for the Hormuz closure and Iran war to matter more to gold than they have for the past six months. One of those is a forecast. The other is a hope dressed as analysis.