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Recently, there is an interesting signal worth paying attention to. A leading international financial institution has spoken out — they have raised their gold target price for 2026.
Specifically, they have directly increased the original target from $4,500 to $5,000 per ounce, an 11% rise. They expect a slight pullback to around $4,800 by the end of 2026. This indicates that the institution is optimistic about gold's performance in the coming period.
Interestingly, the correlation between traditional assets and the crypto market is becoming increasingly close. The continued bullish outlook on gold, a safe-haven asset, reflects a certain expectation about the global economic outlook. So the question is — will Bitcoin, as digital gold, keep pace with gold? The correlation between these two asset classes is indeed worth players' consideration.