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Economist Daniel Al-Banna predicted that the price of gold could exceed $5,000 per ounce by mid-2027. This expectation is based on the Federal Reserve's potential to cut interest rates, a decline in oil prices, and inflation trends. He explained that gold is currently trading within a range of $4,000 to $4,300, with the possibility of breaking below the $4,000 support level due to liquidity crises and monetary tightening. However, in the medium and long term, markets are forecasting significant jumps surpassing $5,000. He pointed out structural shifts in the currency and metals markets, including the rise of the Chinese yuan against the dollar and the recovery of China's gross domestic product (GDP), despite the dominance of the dollar in liquidity during geopolitical crises.
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