Haven Assets Keep On Shining. Some Experts Think Gold Prices Can Go to $6,000.

Core Insights - The conflict over Greenland has eased, yet investors continue to favor haven assets, with spot gold prices nearing $5,000 and silver surpassing $100 for the first time [1][6] - Strategists predict further increases in gold prices, with some forecasting levels beyond $5,000 [2][3] Gold and Silver Market Trends - Gold is projected to be the best-performing major asset class if its rally continues through the year, with predictions of prices reaching $6,000 [3] - Citi commodities research strategist Kenny Hu has raised near-term price targets for gold to $5,000 and silver to $100, indicating that bullish drivers will likely persist into Q1 2026 [4] - Goldman Sachs has set a year-end gold target of $5,400, attributing this to momentum from private sector diversification buyers hedging against global policy risks [5] Investor Behavior - Investors are hedging against potential risks that could diminish the attractiveness of U.S. assets, despite the absence of a clear crisis [2] - The "sell America" trade remains prevalent, although it may not be sustainable in the long term as moderating geopolitical risks are expected to impact safe haven assets later in the year [5]