Gold Could Top $4,400/oz as Fed Eases Into Higher Inflation Environment
Barronsยท2025-10-08 11:22
Gold prices are set to surpass $4,400 an ounce in the first half of 2026, as the Federal Reserve eases amid rising inflation while central banks and private funds continue buying the precious metal, said Bart Melek, head of commodity strategy at TD Securities.Gold has already set a record-breaking rally, topping $4,000/oz amid de-dollarization talks and China's bullion custody plans. Fear of missing out and anticipation of the U.S. government shutdown augmenting rate cuts also motivate investors to grow the ...