State Street Predicts Gold Could Reach $5,000 Per Ounce by Early 2027

According to State Street investment management strategists, gold prices could reach $5,000 per ounce by early 2027, citing sustained bull market dynamics driven by rising U.S. government debt and strong physical demand. The strategists noted that gold's role as a monetary hedge is expected to gain support as debt levels rise. Over the next 6 to 9 months, State Street projects base gold prices will appreciate to between $4,750 and $5,500 per ounce. The firm emphasized that a potential shift in Federal Reserve policy should not alter gold's structural uptrend in the post-pandemic era.
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