State Street Investment Management Company: The probability of spot gold rising above $5000 this year exceeds 30%

According to a report by strategists at State Street Investment Management, based on recent price momentum and geopolitical dynamics, the probability of spot gold breaking through $5000 per ounce this year has exceeded 30%. The report predicts that gold will be in a favorable position in 2026, supported by factors such as the surge in global debt burden, the direction of Federal Reserve policies, and potential volatility shocks. Strategists believe that the correlation between US stocks and bonds may remain positive in 2026, and the allocation space for gold in investment portfolios may increase. Central banks' demand for gold purchases is expected to support physical demand, providing a stable anchor for the precious metal market.