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US Decision on Russia Sparks Major Gold Market Changes: Shocking Gold Price News
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Gold Price Shock: Wall Street Guru Predicts $10,000 Gold by Decade End!
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News18
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15-03-2026, 14:14
Gold Price Shock: Wall Street Guru Predicts $10,000 Gold by Decade End!
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Wall Street analyst Ed Yardeni predicts gold prices will reach $6,000 by 2026 and $10,000 by the end of the decade.
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The surge is driven by global political changes and central banks diversifying reserves, not just inflation.
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US freezing Russia's $300 billion reserves made countries question foreign currency safety, boosting gold demand.
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Gold has shown impressive returns: 70% in one year, 195% in five years, and 980% over two decades.
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Yardeni advises investors to prioritize gold in portfolios as geopolitical uncertainty rises and dollar dominance wanes.
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