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Gold’s Path to $10K Gains Credibility Amid Geopolitical Turmoil

Gold’s Path to $10K Gains Credibility Amid Geopolitical Turmoil

Author:

Global Cryptocurrency

Published:

2026-03-12 07:22:02

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Capitalight analyst Chantelle Schieven asserts gold could reach $10,000 by 2029—a forecast once dismissed as absurd now gaining traction. Geopolitical instability and ballooning global debt are transforming the precious metal into a structural bull market. Kitco's interview reveals institutional investors are positioning for multi-year gains rather than short-term trades.

Despite recent pullbacks, Schieven identifies three catalysts: central bank accumulation, currency devaluation risks, and the metal's historical role during debt crises. Technical analyst Rashad Hajiyev notes gold remains on track for $7,000 near-term—a potential stepping stone to Schieven's long-term target.

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