Yardeni Research Predicts Gold to Reach $10,000 by 2029
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Gold Price Forecast: Yardeni Research predicts that gold prices will reach $10,000 by 2029, primarily driven by geopolitical risks and economic uncertainties, prompting investors to reassess their asset allocation strategies.
- Divergent Market Reactions: While some analysts express concerns about inflationary pressures, others view the rise in gold prices as evidence of its enduring value as a safe-haven asset, which may influence long-term investor decisions.
- Bitcoin Market Dynamics: Bitcoin is currently trading at $87,816.10 with a market cap of $1.75 trillion; despite a 0.56% dip over the past 24 hours, its market dominance remains at 59.20%, indicating the continued appeal of digital assets.
- Investor Focus: As gold valuations increase, Coincu research highlights the growing speculative interest in gold, while also emphasizing the importance of technological adaptability for future investment strategies.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
