$10,000 Gold Is a Threat to This Ultra-High Yield ETF

Gold has pulled back roughly 21% from its late-January peak of nearly $5,600. Despite the ~21% decline, analysts continue to maintain $10,000 per ounce price targets by the end of the decade, signaling sustained long-term bullish conviction even as short-term volatility persists.

Analysis

Gold has pulled back roughly 21% from its late-January peak of nearly $5,600. Despite the ~21% decline, analysts continue to maintain $10,000 per ounce price targets by the end of the decade, signaling sustained long-term bullish conviction even as short-term volatility persists.