星球日报|May 29, 2026 12:25
Wall Street veteran's shocking prediction: S&P 500 and gold are expected to both surpass 10000 by 2030
Odaily Planet Daily News: Adani Research Company has released a forecast that by the end of this decade, the S&P 500 index is expected to synchronize with international gold prices to reach the 10000 mark. The founder and president of the research institution, Ed Yardeni, stated in a client research report released on Thursday that the institution is optimistic about the long-term trend of gold, and the core logic is based on the judgment that the S&P 500 index will rise to 10000 points before 2030. As the stock index continues to rise, investors will adjust their asset allocation and increase their holdings in categories such as gold, thereby driving up the price of gold. Yadni, who has nearly half a century of experience in financial markets, pointed out that in the short term, the S&P 500 index and gold prices usually have a reverse relationship, but over time, the overall trends of the two tend to converge. According to this pattern, when the S&P 500 index reaches 10000 points, the price of gold will also synchronously rise to $10000 per ounce. For the short-term market, this senior Wall Street insider also holds an optimistic attitude. He believes that the negative emotions brought about by the situation in Iran are gradually subsiding, and once both sides officially cease fire, gold will usher in a new round of upward trend. (Golden Ten)
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