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Gold could hit $10,000 by 2029, says Ed Yardeni

Business

Ed Yardeni, President of Yardeni Research, thinks gold might soar to $10,000 an ounce by 2029.
He's big on gold's role in a balanced investment portfolio and points out that past gold rallies have often surprised people.
Just recently, on December 22, gold reached a new high of $4,400 per ounce as investors bet on US Fed rate cuts and a weaker dollar.

What else is Yardeni predicting?

He sees the S&P 500 climbing to 7,700 by 2026 and expects more ups and downs in the AI sector with tech giants battling it out.
For Indian stocks, he suggests 2025 could be a "wait-and-see" year before possible growth in 2026—especially if US trade talks go well.