State Street Global Advisors: The probability of spot gold surpassing $5,000 this year is over 30%

According to a report by strategists at State Street Global Advisors, based on recent price momentum and geopolitical dynamics, the probability of spot gold surpassing $5,000 per ounce this year has exceeded 30%. The report predicts that by 2026, gold will be supported by factors such as the surge in global debt burdens, the direction of Federal Reserve policy, and potential volatility shocks, placing it in a favorable position. The strategists believe that the correlation between U.S. stocks and bonds may remain positive in 2026, potentially increasing gold's allocation in investment portfolios. Central banks' demand for gold is expected to support physical demand, providing a stable anchor for the precious metals market.