Expert Predicts Gold at $10,000/oz (₹3.1 Lakh/10g) & S&P 10,000 by 2029

• World-renowned market strategist Ed Yardeni predicts gold will reach $10,000 per ounce and the S&P 500 will hit 10,000 by the end of 2029, marking a "Roaring 2020s."
• If gold reaches $10,000/ounce, its price in India could soar to approximately ₹3.1 lakh per 10 grams, significantly impacting household budgets and investment decisions.
• Yardeni also forecasts the S&P 500 to reach 7,700 by late 2026, suggesting continued double-digit returns for the index.
• The expert prefers India over China for investment due to its reliable legal and corporate systems, though he expects consolidation in India's stock market in 2025.
• This prediction implies gold could become unaffordable for common people but offers significant wealth creation opportunities for long-term investors.

Why It Matters: Expert predicts gold at $10,000/ounce (₹3.1 lakh/10g) and S&P 10,000 by 2029, reshaping investments.