Yardeni Says Gold Could Hit $6,000 an Ounce by End of Year

Ed Yardeni projects gold will reach $6,000 per ounce by the end of the year and $10,000 per ounce by the end of the decade, reflecting a strongly bullish analyst view. This is a forward-looking estimate that may influence investor sentiment in commodities but is unlikely by itself to move markets materially.

Analysis

Ed Yardeni projects gold will reach $6,000 per ounce by the end of the year and $10,000 per ounce by the end of the decade, reflecting a strongly bullish analyst view. This is a forward-looking estimate that may influence investor sentiment in commodities but is unlikely by itself to move markets materially.