The odds of gold going to $5,000 just keep getting better and better - State Street’s Aakash Doshi | Metals Mine

  • The odds of gold going to $5,000 just keep getting better and better - State Street’s Aakash Doshi

    From kitco.com

    At elevated price levels, investors should expect to see some volatility in gold. But according to State Street Investment Management’s Head of Gold Strategy, Aakash Doshi, the broader trend remains firmly intact—and the odds of prices pushing beyond $5,000 an ounce in 2026 are no longer remote. “A few days of profit-taking or even a month of consolidation doesn’t change the real upward trend,” Doshi said in an interview. “The probability of $5,000 gold over the next six to nine months is now north of 30%—closer to 40%.” That outlook comes at a time when both gold and U.S. equities are trading near ... (full story)

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