Investment
Features
FeesSafety
Academy
More
Pluang+

Gold may hit $4,000 soon despite rate hikes, with potential to reach $5,000 in six months, says strategist.

Market News
28 Sep 2026
Kitco
View Source
Bullish
Gold may hit $4,000 soon despite rate hikes, with potential to reach $5,000 in six months, says strategist.

Gold prices face pressure from rising interest rates and a stronger U.S. dollar, but a strategist from State Street Investment Management believes gold could still reach $4,000 an ounce within a week and potentially $5,000 within six months. The recent selloff reflects market expectations of more Federal Reserve rate hikes and higher bond yields, yet long-term structural factors like fiscal imbalances and persistent inflation support gold's value. Demand from China and Western investors remains strong, with significant ETF inflows and bullish options positioning indicating continued confidence in gold as a hedge against economic uncertainty. Despite tactical headwinds, gold's longer-term outlook remains positive due to these fundamental drivers.

Gold price outlook is the subject, with Pluang market data as context for readers following market trends. As of Sep 29, 2026 02:21 WIB, among 150 US stocks tradable on Pluang, 38 rose and 110 fell. Notable movers include AMC at USD 3.33 (+13.44%), Gold Fields Limited at USD 35.48 (-12.15%), and Nu Holdings Ltd at USD 12.28 (-9.64%).

More News

Shopify enables AI agents to complete purchases directly on its platform, enhancing e-commerce automation.

Shopify enables AI agents to complete purchases directly on its platform, enhancing e-commerce automation.

Shopify has expanded its support for browser-based AI agents by allowing them to complete purchases on merchants' sites, including checkout via Shop Pay. Previously, AI agents could only search products and add items to carts, but now they can inspec...

Market News
Bullish
4 hours ago
Trade Desk stock plunges 68% YTD, sparking debate on sell or hold amid ad tech shifts.

Trade Desk stock plunges 68% YTD, sparking debate on sell or hold amid ad tech shifts.

Trade Desk's stock has fallen 68% this year, underperforming its ad tech peers and the broader tech market. While competitor Magnite's stock rose 46%, Trade Desk and AppLovin, both on the demand side of programmatic advertising, saw sharp declines. T...

Market News
Bearish
4 hours ago
Tesla delays second-gen Roadster reveal to Oct 15 due to severe weather forecast.

Tesla delays second-gen Roadster reveal to Oct 15 due to severe weather forecast.

Tesla has postponed the unveiling of its redesigned second-generation Roadster from October 1 to October 15 because of severe weather predictions in Waco, Texas. The event must be held outdoors, partly due to the integration of SpaceX cold gas thrust...

Market News
Neutral
4 hours ago
Institutional borrowers secure $150M USDC loans using $222M Bitcoin collateral via Spark and Anchorage Digital.

Institutional borrowers secure $150M USDC loans using $222M Bitcoin collateral via Spark and Anchorage Digital.

Three institutional borrowers obtained $150 million in USD Coin (USDC) loans by pledging $222 million worth of Bitcoin (BTC) as collateral through a partnership between Spark and Anchorage Digital's Atlas platform. Anchorage Digital acts as the colla...

Market News
Bullish
4 hours ago
MP Materials stock drops 21% amid rare earth sector sell-off despite positive company news

MP Materials stock drops 21% amid rare earth sector sell-off despite positive company news

MP Materials stock fell 21% over the past month, mirroring a broader 17% decline in rare earth stocks, while the overall market remained flat. This sector-wide drop suggests investors are selling off the rare earth theme rather than reacting to compa...

Market News
Bearish
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App