Yardeni Says Gold Could Hit $6,000 an Ounce by End of Year
•March 10, 2026
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Why It Matters
Yardeni’s $6,000 gold target signals a potential re‑pricing of safe‑haven assets, prompting investors to reassess diversification and inflation‑hedge strategies amid limited bond alternatives.
Key Takeaways
- •Gold may reach $6,000 per ounce by year‑end.
- •Analyst sees gold as both hedge and speculative asset.
- •Geopolitical tensions and frozen Russian assets boost gold demand.
- •Gold and S&P 500 show short‑term inverse correlation.
- •Limited alternative diversifiers push investors toward precious metals.
Summary
The video centers on veteran market strategist Ed Yardeni’s bold forecast that gold could climb to $6,000 an ounce by the end of 2026, with a longer‑term target of $10,000 by decade’s end. He frames the metal as both a traditional wealth hedge and a speculative play, positioning it as a rival to Bitcoin in investors’ portfolios.
Yardeni points to several drivers: heightened geopolitical risk, especially the freezing of Russian central‑bank assets, and the erosion of bond appeal as inflation pushes yields higher. He notes that gold and the S&P 500 move inversely in the short run, offering diversification, while over longer horizons they tend to trend together as wealthier investors allocate across both equities and precious metals.
Key soundbites include his repeated “I’m still using $6,000 by the end of the year” and “$10,000 by the end of the decade,” underscoring confidence in a sustained bull market. He also remarks that bonds have “nothing much to offer” in the current inflationary environment, leaving gold as one of the few viable safe‑haven alternatives.
If Yardeni’s projections hold, a surge in gold prices could reshape asset allocation strategies, prompting a shift toward precious metals and away from under‑performing fixed‑income products. This would affect portfolio risk profiles, hedge‑fund positioning, and potentially amplify volatility in markets that traditionally view gold as a counter‑cyclical asset.
Original Description
Ed Yardeni, president of Yardeni Research, is still bullish on gold. He sees the metal rising to $6,000 an ounce by the end of the year and $10,000 by the end of the decade. He says it's a good competitor for Bitcoin.
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