Opinion: Gold could hit $3,000 soon and $4,000 in 2026, this market pro says. Here’s why.

U.S. stock markets have risen since Election Day despite volatility from AI developments and new trade policies. AI firms faced pressure from DeepSeek’s advancements, but major cloud companies continue investing in AI. Trump’s proposed reciprocal tariffs rattled markets, causing inflation concerns and a spike in gold prices.
Expected inflation rose to 4.3%, reducing the likelihood of Fed rate cuts in 2025. Copper prices remain uncertain, and Bitcoin has underperformed gold amid market uncertainty. Analysts predict market choppiness until midyear but expect the S&P 500 to reach 7,000 by year-end, with financial and tech sectors likely to outperform.