Gold will top $5,500 in 2027, could reach $10,000 by 2030, but silver’s upside will narrow – Rockefeller’s Moglia

From kitco.com

Gold remains the anchor of the new commodity cycle, and the yellow metal’s secular bull market is still intact despite the recent volatility in precious metals, according to Doug Moglia, macro and market strategist at Rockefeller Global Investment Management. In a recent report, Moglia wrote that commodities have reasserted themselves as portfolio diversifiers after years of being overlooked, with structural demand now combining with constrained supply across much of the commodity complex. He said that while the broader commodity case is being driven by electrification, the AI infrastructure buildout, reshoring, ... (full story)