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Gold to Hit $5,000, Then Crash? Expert's Wild Forecast Shocks Investors!
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News18•30-09-2026, 14:31
Gold to Hit $5,000, Then Crash? Expert's Wild Forecast Shocks Investors!
- •Aakash Doshi of 'State Street Investment Management' predicts gold could reach $5,000 per ounce in the international market by early 2027.
- •Short-term pressure from rising US interest rates, a strengthening dollar, and surging bond yields could push gold down to $4,000 per ounce.
- •Long-term, increasing government debt globally could drive gold to $10,000, as investors seek safe-haven assets.
- •Strong demand from China, with 1,000 tons imported in the first seven months of 2026, is a key driver for gold prices.
- •Global 'Gold ETFs' saw $17.1 billion in investments in August, with American funds contributing $7.9 billion.
Key Questions Answered
According to Aakash Doshi, Head of Gold Strategy at State Street Investment Management, gold prices could reach around $5,000 per ounce in the international market by early 2027.
Rising interest rates in the US, a strengthening dollar, and a surge in bond yields are putting short-term pressure on gold, which could cause international prices to temporarily fall to $4,000 per ounce.
In the long term, increasing government debt in major economies worldwide will drive investors toward safer options like gold, and if global portfolio shares increase to 3%, demand could push prices toward $10,000.
