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We’ve been pounding the table for months to buy gold.
All thanks to geopolitical issues, inflation, interest rate cuts, economic disarray, and central bank buying. In fact, since late August, we’ve been pounding the table over ETFs such as the VanEck Vectors Gold Miners ETF (SYM: GDX), which ran from $60 to $102.31 so far.
We also mentioned the Sprott Junior Gold Miners ETF (SYM: SGDJ), which ran from about $48 to $100 a share. And we mentioned the Global X Gold Explorers ETF (SYM: GOEX), which ran from about $50 to $96.18 a share.
The best part – all could run even higher, especially as gold gets closer to our $5,000 target.
There are even calls for $10,000 gold.
Central banks are buying at a record pace. Analyst calls for $5,000, even $6,000 gold – or higher no longer seems far-fetched. Ed Yardeni of Yardeni Research says there’s a strong possibility we could see $10,000 gold over the next four years, thanks to massive government deficits, geopolitical stress, and inflationary issues.
And now, there’s new uncertainty as investors react to President Trump’s threat to impose tariffs on eight European countries opposed to the proposed U.S. takeover of Greenland.
In fact, according to the BBC, “Trump announced a 10% tariff on goods from Denmark, Norway, Sweden, France, Germany, the UK, the Netherlands and Finland would come into force on 1 February, but could later rise to 25% - and would last until a deal on Greenland was reached.”
Other factors for gold’s rise include expectations of more interest rate cuts, central banks adding hundreds of tonnes of gold to their reserves and strong inflows into exchange-traded funds (ETFs).
For example, according to the World Gold Council, as gold prices shattered records about 53 times in 2025, annual inflows into physically backed gold ETFs rocketed to $89 billion, “the largest on record as the gold price delivered its strongest performance since 1979. In turn, global gold ETFs’ assets under management (AUM) doubled to an all-time high of US$559 billion, with holdings reaching a historic peak of 4,025t, up from 3,224t in 2024.”
In addition, in the third quarter of 2025, global central banks pushed their net purchases to 220 tonnes, a 10% year over jump, and a 28% jump quarter over quarter, with no clear signs of slowing demand.
If you jumped into these ETFs, congratulations.
If not, each of these ETFs could easily push higher, as gold nears our $5,000 target.
Further Reading: New gold price target
Most investment banks predict gold will cross $5,000 an ounce this year.
Some analysts expect it to soar as high as $10,000.
But if you 're thinking of buying gold this year, do this first.
In short: There 's no question 2026 will be a year of great uncertainty, especially as we get closer to the midterm elections.
And there 's no question gold could skyrocket as a result.
But I have an unfortunate truth to tell you...
Most folks will likely run out and buy bullion or mining stocks.
Sadly, these folks will likely miss out on the biggest gains.
That's because there's a much, much better way to invest in gold right now.
Most people know nothing about it.
But as I'll show you, if you follow this simple approach, which has nothing to do with bullion, ETFs, or mining stocks, the gains can be absolutely incredible.
In one period, it turned every $5,000 invested into more than $1.6 million.
Which is why we 're sounding the alarm on gold in 2026.
And why it 's critical for you to see our top gold recommendation immediately.
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Written by Ian Cooper