Central bank policy risks will drive gold to $5,500 by Q1 2027 - WisdomTree's Shah

From kitco.com

Gold prices continue to struggle below $4,600 an ounce; however, one market strategist still expects that prices will be much higher by the first quarter of next year, supported by robust long-term fundamentals. In an interview with Kitco News, Nitesh Shah, head of commodities and macroeconomic research at WisdomTree, said that short-term volatility and shifting macroeconomic risks are raising the likelihood that central banks could make policy mistakes — a backdrop that is ultimately supportive for gold. Shah said that while gold has struggled as a safe-haven asset, despite elevated geopolitical tensions, ... (full story)