With new global tariff uncertainties, gold prices are exploding higher again.
Fueling upside, President Trump imposed a global tariff of 15% following the U.S. Supreme Court’s struck down his reciprocal tariffs late last week.
According to Trump, “I, as President of the United States of America, will be, effective immediately, raising the 10% Worldwide Tariff on Countries, many of which have been ‘ripping’ the U.S. off for decades, without retribution (until I came along!), to the fully allowed, and legally tested, 15% level,” Trump wrote in a post on Truth Social, as quoted by CNBC.
As a result, Europe warned that such tariffs could jeopardize U.S. trade deals.
In fact, “The European Commission requests full clarity on the steps the United States intends to take following the recent Supreme Court ruling on the International Emergency Economic Powers Act (IEEPA),” the Commission added. “The current situation is not conducive to delivering ‘fair, balanced, and mutually beneficial’ transatlantic trade and investment, as agreed to by both sides and spelled out in the EU-U.S. Joint Statement of August 2025.”
Plus, analysts are now arguing for $7,000, even $10,000 gold longer term.
According to SAMCO Securities, gold could test $7,000, driven by further geopolitical uncertainties, sky-high deficits, central bank demand, and the real interest rate environment, as noted by Business Standard.
Others, according to SBG Securities, are calling for $10,000 gold based on monetary policy, geopolitical issues, and a weaker U.S. dollar, as noted by Investing.com. They added that a key driver of gold prices depends on the outlook for interest rate cuts. Markets are currently pricing in two cuts, but the firm seems room for more, noting that “three cuts could push gold to $7,000 by year end (SBG’s base case) and a more dovish Fed may send gold to $10,000.”
Ed Yardeni of Yardeni Research also says $10,000 is a possibility, arguing the metal is being driven by a broad “geopolitical risk-on trade,” as mentioned by Investing.com. “We are still targeting $6,000 by the end of this year and $10,000 by the end of 2029,” he added.
With big upside ahead for gold, consider using ETFs such as:
VanEck Vectors Gold Miners ETF (SYM: GDX)
Not only can you gain access to some of the biggest gold stocks in the world, you can do so at less cost with the VanEck Vectors Gold Miners ETF (GDX).
The ETF holds positions in Newmont Corp., Barrick Gold, Franco-Nevada, Agnico Eagle Mines, Gold Fields, and Wheaton Precious Metals to name a few.
Even better, shares of mining stocks often outperform the price of gold. That’s because higher gold prices can result in increased profit margins and free cash flow for gold miners. In addition, top gold miners often have limited exposure to riskier mining projects.
The last time we mentioned GDX was on February 11, as it traded at $102. It’s now at $109.32 and could rally to $115 immediate term.
Sprott Junior Gold Miners ETF (SYM: SGDJ)
The Sprott Junior Gold Miners ETF (SGDJ) seeks investment results that correspond (before fees and expenses) generally to the performance of its underlying index, the Solactive Junior Gold Miners Custom Factors Index. The Index aims to track the performance of small-cap gold companies. The last time we mentioned SGDJ was on February 11, as it traded at $102. It’s now at $108.55 and could also rally to $115 immediate term.
Global X Gold Explorers ETF (SYM: GOEX)
The Global X Gold Explorers ETF (GOEX) invests in companies involved with gold deposit exploration. Some of its top 50 holdings include Coeur Mining, Lundin Gold, Hecla Mining, New Gold Inc., SSR Mining, and Alamos Gold. GOEX also pays a semi-annual dividend.
The last time we mentioned GOEX was on February 11, as it traded at $96.50. It’s now at $102.05 and could rally to $110 immediate term.
Today's Bonus Content: New gold price target
Most investment banks now predict gold will cross $10,000 an ounce this year.
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