Mars Finance News, according to Gelonghui reports, economist, financial analyst, and bestselling author of “Currency Wars” Jim Rickards stated that he would not be surprised if gold prices reach $10,000 in 2026 and silver rises to $200 accordingly. He said that various factors driving the entire precious metals market, led by gold, will continue to play a role next year: 1. The traditional drivers behind the current gold bull market—namely, demand from central banks and relatively stagnant supply—will remain effective for a considerable period into 2026. 2. A surge in new, non-traditional factors could push prices further upward. Rising demand from institutional investors—including sovereign wealth funds and endowment funds—may drive prices higher again. 3. Geopolitical risk avoidance—recent European attempts to seize Russian assets may also be affecting gold demand, as some countries have begun to allocate gold to hedge against potential U.S. asset seizure risks.
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Author of "Currency Wars" predicts: Gold prices will rise to $10,000 by 2026, and silver may reach $200
Mars Finance News, according to Gelonghui reports, economist, financial analyst, and bestselling author of “Currency Wars” Jim Rickards stated that he would not be surprised if gold prices reach $10,000 in 2026 and silver rises to $200 accordingly. He said that various factors driving the entire precious metals market, led by gold, will continue to play a role next year: 1. The traditional drivers behind the current gold bull market—namely, demand from central banks and relatively stagnant supply—will remain effective for a considerable period into 2026. 2. A surge in new, non-traditional factors could push prices further upward. Rising demand from institutional investors—including sovereign wealth funds and endowment funds—may drive prices higher again. 3. Geopolitical risk avoidance—recent European attempts to seize Russian assets may also be affecting gold demand, as some countries have begun to allocate gold to hedge against potential U.S. asset seizure risks.