Veteran analyst issues surprise gold price target for 2026
The shiny metal’s next move may already be underway.
Dec 24, 2025 9:20 AM EST
By Moz Farooque .. Edited by Celine Provini
Key Points- Gold hits record highs as a veteran analyst issues a stark 2026 target.
- Key drivers include safe-haven demand and other factors.
- Other banks forecast $4,500 to $5,000, with the analyst's target remaining the most surprising.
Gold just hit another record, and the shiny yellow metal’s epic run is forcing Wall Street to move the goalposts again.
Ed Yardeni, whose calls on gold have proven remarkably prescient, just issued a massive new price target for the coming year.
For perspective, gold prices surpassed the $4,500/oz. milestone in late December, according to Reuters, surging over 70% year to date (its strongest performance since 1979).
Now, Yardeni feels investors should brace for even higher levels in 2026, raising his firm’s year-end 2026 price target on gold to $6,000 an ounce, pitting it at the top end of an already bullish punditry.
Yardeni points to the same drivers that continue driving the safe-haven asset to new highs.
However, despite posting multiple highs this year and crushing prior forecasts, Yardeni believes the forces leading it higher are still building at an impressive pace.
thestreet.com |