Video News/Market Analysis
Gold going parabolic? New record highs: This is where price is going | Gary Wagner
Gold is soaring to all-time highs, holding above $3,100/oz and on pace for its best quarter since 1986 — up nearly 19% year-to-date. Futures prices surged as high as $3,162, and silver is also pushing multi-year resistance near $35. With inflation risks escalating, safe-haven demand climbing, and Trump’s new tariff wave expected April 2, what comes next for precious metals? In this interview, Gary Wagner, editor of TheGoldForecast.com, joins Kitco News Anchor Jeremy Szafron to break down the current price action, technical signals, and key macro factors behind gold's parabolic move. Wagner, who accurately forecasted the last gold breakout, shares updated charts, his near- and long-term projections, and his outlook on whether $3,400—or even $4,500—is now in reach. Wagner also gives his take on silver’s underperformance relative to gold, the $35 resistance level, and why industrial demand could cap short-term gains.
Guests: Gary Wagner
Source: Kitco News
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