Robert Kiyosaki, the author of the best-selling financial self-help book Rich Dad Poor Dad, admits that he was wrong in his recent gold price prediction after the XAU/USD index dipped to the $3,900 level. The price of the precious metal fell below the $4,000 mark on Monday and Tuesday’s trading session for the first time in 2026.
Gold prices are also down nearly 8% year-to-date, and the phenomenal rise over the past three years has halted. On the heels of the ongoing decline, Robert Kiyosaki took to X saying, “I was wrong. Gold still crashing!” He continued, “Profits are made when you buy, not when you sell.” The author added, “But that is real life: All markets go up and down.”
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Robert Kiyosaki Still Predicts Gold Prices Will Reach $35,000 in 5 Years
After admitting that his gold price prediction was wrong, Robert Kiyosaki, in the same tweet, doubled down on his forecast about the XAU/USD index reaching a high of $35,000 in the next five years. That’s nearly 10x growth from its current value of $3,900+. “I still believe gold will be $35 k in about 5 years,” he wrote. He added, “The richest investors invest for the future. Not today.” A user named Rahul Sharma replied to his tweet, “I was wrong is refreshing to hear.”
“Trust you learned from my mistakes. People who do not make mistakes learn nothing,” he wrote. Robert Kiyosaki is known for his ‘crash’ predictions and has been relentlessly echoing about an upcoming financial turmoil. The majority of them have turned out to be inaccurate and based on no actual evidence. A user named Abhisek Chaturvedi questioned his gold price prediction of $35,000 in five years. “Gold at $35,000 within 5 years? Such eye-catching forecasts may grab headlines, but investors shouldn’t base decisions on them,” he replied.