Gold Prices to Hit $10,000 by 2029: Yardeni Research Predicts Massive Surge

• Yardeni Research predicts gold prices could reach $6,000 by year-end and $10,000 by 2029.
• Current price drop is temporary, driven by profit-taking; long-term demand and fundamentals remain strong.
• The 'Roaring 2020s' theory suggests equity market gains will flow into gold for portfolio rebalancing.
• Central banks increasing gold reserves, Chinese investors shifting to gold, and rising US debt fuel price increases.
• Geopolitical tensions and inflation also contribute to gold's appeal as a safe-haven asset.