TechFlow news — On February 11, according to Jinshi News, veteran market expert Ed Yardeni predicts that gold prices could soon surpass $3,000 and reach $4,000 by 2026, driven by central banks' sustained demand for safe-haven assets. Since the U.S. froze Russia's international reserves in 2022, central banks around the world have increasingly turned to gold as a hedge against the risk of U.S. sanctions.
Yardeni also noted that the Trump administration's planned retaliatory tariffs on multiple countries could trigger a new inflation cycle. The latest consumer survey from the University of Michigan shows that one-year inflation expectations have risen from 3.3% in January to 4.3%, a figure that could impact the Federal Reserve's interest rate cut trajectory in 2025.
