The current geopolitical tensions have tested the markets as a whole, revealing the true safe havens amid the pool of investment alternatives. In the middle of this, Bitcoin has emerged as a stable asset to explore alongside gold and silver during tough economic times. While the current market momentum favors the USD, gold continues to shine in the background, serving as the ultimate liquidity asset while giving serious competition to the US dollar.

Also Read: Why Stocks Tend to Surge in April (Backed by 100 Years of Data)

Analyst Believes Gold May Surpass US Dollar One Day

Despite the usual murmurs of gold losing its sheen during the ongoing geopolitical turmoil, one analyst has shared his stance, adding how gold was never out of style or practice.

Per Chris Mancini of Gabelli Gold Fund, accelerated defense spending in Europe, coupled with the evolving geopolitical changes, may continue to push gold ahead, with its price ultimately heading toward the ambitious $6K mark. Mancini further shared how the gold price may have taken a downward spiral as the US-Iran War escalated, but several countries are still using gold to safeguard their interests, with the metal serving its role as the ultimate safe-haven asset.

“Turkey as well as the Gulf states might be selling, especially if they’re unable to export their oil and need to cover their expenses. They have gold reserves, and gold is serving its purpose as a liquid asset right now.” The analyst shared.

Moreover, Marcini was quick to add how the dollar may soon take a side role, with the de-dollarization narrative gaining strength in the near future.

“We’re seeing discussions from the President and others about a potential new world order. In that environment, there’s a real possibility that the dollar may no longer serve as the global reserve currency. Running a foreign exchange surplus requires buying dollars and Treasuries and effectively lending to the United States government. Given what’s happening right now with the broader paradigm shift and evolving global order, there’s a strong chance that surplus countries may no longer want to continue lending to the United States. If that’s the case, gold will become the primary alternative.” Mancini said.

Gold’s Price Outlook For 2026

Per Rashad Hajiyev, another notable finance expert, gold has regained its broken five month support, and is currently moving ahead to hit the $5K mark again.

“BOOM!Gold regains previously broken 5-month support, which was acting as a resistance. The most important price action of the past few weeks…”

Hajiyev later shared an immediate price target for the yellow metal, adding how the asset may soon hit $5.2K in the near future.

“Gold finally breaks out from a week-long triangle formation on de-escalation news in the Middle East with an immediate technical target just above $5.2k…”

Also Read: India’s BRICS Role Key to Ending Escalation in West Asia Conflict