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2026-09-21 20:22:12
[Institutions Remain Bullish on Gold, Lower 2030 Target Price] ⑴ One institution has lowered its 2030 gold price target to $5,600 per ounce, down from $6,100 previously. ⑵ This downward revision reflects expectations of rising interest rates. ⑶ However, the institution remains firmly bullish on gold. ⑷ The institution believes that gold can continue to rise despite rising real yields. ⑸ Central banks' diversification of dollar holdings remains the most critical structural driver for gold. ⑹ This view is corroborated by the recent increase in gold ETF holdings despite high real yields, indicating that traditional pricing frameworks are facing a re-evaluation.
