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State Street sees gold pushing above $5,000 despite near-term headwinds
Although gold faces some near-term headwinds as elevated oil prices continue to drive inflation and interest rate expectations higher, one investment firm says it still sees a path for prices to push above $5,000 an ounce by year-end. Commodity analysts at State Street Investment Management, led by Aakash Doshi, said they remain bullish on gold and continue to see a 50% chance that prices trade between $4,750 and $5,500 through the rest of the year. At the same time, the investment firm has pared back its bullish expectations and now sees a firm level of support. “We reduce odds of the US$5,500-6,250/oz bull case ... (full story)
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- Apr 9, 2026 9:33pm Posted byFundamental Analysis275
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