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Ed Yardeni: Gold to $5,000 by Dec 31, 2026

Ed Yardeni's prediction that Gold would reach $5,000 by December 31, 2026 came true. Gold closed at $5,007 on January 26, 2026, the first close at or above the target. Ed Yardeni made the call in Fortune on October 6, 2025, when Gold was at $3,886. The target needed a 29% rise in one year and three months.

Updated

What was said

Photo of Ed Yardeni
Ed Yardeni

President and Chief Investment Strategist, Yardeni Research

Fortune, Oct 6, 2025SourceArchive

9 predictions · 6 hit · 1 missed · 2 open

Photo: Soar Financially, CC BY 3.0

We are now aiming for $5,000 in 2026

In the note, Yardeni reviewed his earlier bullish gold calls, which the article says the metal had repeatedly reached ahead of schedule. Over that period he cited gold's traditional role as an inflation hedge, central banks de-dollarizing after Russia's assets were frozen, the bursting of China's housing bubble, and Trump's trade war and attempts to upend the geopolitical order.

How we checked this

HitDeadline

Price when said
$3,886 closeprice data
Target
$5,000+29%
First close at target
$5,007price data

The prediction comes true if any daily close from Oct 6, 2025 to Dec 31, 2026, inclusive, is at or above $5,000. Prices are daily spot closes in USD per troy ounce, not intraday highs.

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