Investment
Features
FeesSafety
Academy
More
Pluang+

Gold seen rising to $8,000/oz by 2027 amid ongoing currency debasement and economic stress.

Market News
21 Apr 2026
Stjepan Kalinic
View Source
Bullish
pluang ai news

Despite recent volatility and a pullback in gold prices, institutions like Wells Fargo remain bullish on gold due to ongoing currency debasement. This debasement, driven by expanding money supply and debt, erodes fiat currency value, pushing investors toward hard assets like gold. Wells Fargo's strategist highlights that the current debasement cycle, which began in 2022, is still in its early stages and expects gold prices to rise significantly, targeting $8,000 per ounce by 2027, implying over 60% upside from current levels. This outlook is supported by long-term trends in money supply growth and geopolitical tensions fueling demand for gold as a safe haven.

More News (GDX)

banner-footerbanner-footer

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