Gold price is now entering one of its most prosperous phases, a time when the asset is constantly breaching new highs. The global demand for gold is being driven by the rising accumulation of the asset by central banks around the world. This new pivot has compelled analysts to rethink gold’s role in the current world, with Wall Street finally acknowledging the asset for what it’s worth.
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Gold: An Asset That Keeps Growing
The gold price is now heading towards breaching the $4100 mark. The asset has recently been encountering mild fluctuations, but predictions of the asset breaching $5K are now gaining worldwide momentum. Starting with the Wall Street heavyweights like Goldman Sachs and Morgan Stanley, gold is already on a timeline, gradually moving to scale to $5K or $4.2K by the end of the year.
“Wall Street—which has treated gold like kryptonite for decades—is now forced to admit the yellow metal is primed for major gains. Wall Street’s Rare Consensus: ➡️ JPMorgan: $5,055 target for 2026. ➡️ Goldman Sachs: $5,055 with $4,275 average. ➡️ Morgan Stanley: $4,400 year-end forecast. ➡️ Rare consensus among former gold skeptics.”
As pointed out by expert Mark in one of his earlier X posts, gold has now become an important asset. This narrative has been fueled particularly due to the global banks’ central buying spree, strengthening gold’s case up a notch. Moreover, narratives such as fiscal overwhelming monetary policy, with global banks planning to purchase more gold, acting as trendsetters, amping up the gold price value.
“Why They Can No Longer Ignore Gold. Central bank buying creating a “gold put”—8,200 tonnes since 2013.Fiscal dominance overwhelming monetary policy. ✅ Fed cuts to 3.75%—real yields collapsing. 95% of central banks are planning to increase gold reserves. The Narrative Shift is Complete. From “barbarous relic” to essential portfolio insurance. “Non-yielding asset” to strategic reserve asset. From “inflation hedge” to systemic risk protection.”
Expert Opinion: Another Rally On the Cards?
According to Rashad Hajiyev, a leading gold expert. Gold has already started to move towards the highly ambitious $5K mark.
“I expect the gold-to-silver ratio (GTS) to break down from the 4-year box formation. And reach my long-standing target around 57. With a minimum $5k gold target and the peak of the present cycle and GTS 57. I expect an $85-95 silver price…”
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