Market expert: Gold prices will soon reach 3000, and will hit 4000 by 2026

ChainCatcher news, according to market expert Ed Yardeni's analysis, multiple central banks continue to increase their gold holdings to avoid U.S. sanctions, and gold prices are expected to break $4,000 by 2026. Since the U.S. froze Russia's international reserves in 2022, central banks around the world have intensified their gold purchases.

The Trump Tariff 2.0 plan is set to be announced on February 7, proposing retaliatory tariffs against several countries, causing market turbulence. U.S. Treasury yields have risen, and inflation expectations have increased to 4.3%, reducing the likelihood of the Federal Reserve cutting interest rates in the short term.

Despite the impact of the DeepSeek AI incident and tariff policies, major U.S. stock indices continue to rise. Amazon, Microsoft, and Alphabet have all announced record AI investments, which are expected to boost AI demand in the long term.

Yardeni predicts that the S&P 500 index may remain volatile before mid-year, and then aim for 7,000 points within the year, with the information technology, communication services, industrial, and financial sectors likely to lead the charge.