tldrdailynews.com logo
Tag

Gold Price

All articles tagged with #gold price

High Inflation Could Push Gold Toward $5,000/oz in 2026, Experts Say
business1 month ago

High Inflation Could Push Gold Toward $5,000/oz in 2026, Experts Say

If inflation stays elevated, gold is likely to stay strong or rise through 2026 as investors seek a haven outside fiat currencies, with a forecast near $5,000 per ounce. A Federal Reserve rate hike could choke demand and push prices down, while easing inflation may reduce hedging demand but prices should remain elevated due to central-bank demand, geopolitical risk, debt and diversification needs. Experts advise buying on dips and aiming for a 5-10% gold allocation in a long-term portfolio, rather than trying to time the exact bottom.

via CBS News|
#business#federal-reserve#gold
commodities5 months ago

Gold climbs past $5,000/oz as Iran tensions stoke haven bids

Gold rose back above $5,000/oz in Asian trading as renewed U.S.–Iran tensions boosted haven demand, with spot gold up about 2.3% to $5,060.28/oz and April futures up 2.9% to $5,078.96/oz. Gains followed reports of U.S. forces shooting down an Iranian drone and Iranian gunboats near a tanker in the Strait of Hormuz, even as talks between Tehran and Washington were expected later this week. Analysts say the rally is supported by haven demand, physical buying, and central-bank purchases, keeping gold up about 15% in 2026. Silver rose ~2.8% to around $87.50/oz and platinum ~3% to about $2,286/oz, with OCBC noting the strength could persist and projecting further targets for year-end; some profit-taking after a prior run toward record highs was also noted.

via Investing.com|
#commodities#gold#gold-price