Goldman analysts, including Lina Thomas, now see gold rallying to $3,700 an ounce by the end of this year, with prices set to hit $4,000 an ounce by mid-2026.
Gold on Thursday reached an All-Time High of $3,372. Our being curious to see the FinMedia’s acknowledging of the fresh All-Time High, we went to three key website main pages: Bloomy – no mention; Dow Jones Newswires: – no mention; CNBS – no mention.
The higher gold stocks climb, the more traders will want to chase their upside quickening their gains. With gold stocks still seriously undervalued, allocations can still be added with earlier buying improving potential for bigger gains.
When you look at the bar chart, you see that gold has run away this week. When it corrects, look out. It will be a big correction that will come fast and out of nowhere. The correction probably won't last long, but it will be nasty.
