GOLD AT $5,000! So What Happens Next?
Forbes·2026-01-28 15:40
Full Frame Shot Of IngotsgettyGold is on a historic run. After hitting more than 50 new all-time highs last year, the yellow metal has surged to a new all-time high above $5,000 an ounce, a once-unthinkable amount. It’s now doubled in value since September 2024.Meanwhile, silver, the “poor man’s gold,” is not so poor any longer, having smashed through $110 an ounce.As for where we go from here, analysts are making some bold forecasts. Goldmans Sachs just raised its year-end gold price target to $5,400 an ou ...