Fidelity sees Gold hitting $4,000 by 2026 on Fed, demand shift
Fidelity International says gold could hit $4,000/oz by 2026, citing Fed rate cuts, central bank buying, and dollar weakness. Manager Ian Samson noted some funds doubled gold allocations as a hedge. Despite recent dips from April's $3,500 peak, retail sentiment on GLD ETF remains bullish. Spot gold last traded near $3,312.