10x Research Targets 8% Up for Gold: Today’s ATH Is the Cheapest You’ll See

Spot gold reached a new all-time high, fueled by expectations of Federal Reserve rate cuts, geopolitical tensions, and sustained central bank buying, leading to a 67% year-to-date gain.

Quantitative firm 10x Research triggered a high-conviction buy signal for gold (7.4/10), noting that historical price patterns suggest a median 7.8% return over the next three months with a 90% hit rate. Based on the current price of $4,480, they set a target of $4,830 with a tight stop-loss, emphasizing that the rally is driven by structural forces like declining real rates and institutional demand, not speculative excess.

Meanwhile, the broader precious metals complex is surging, with silver near its ATH and platinum breaking $2,000. In contrast, Bitcoin is trading sideways, notably absent from the safe-haven rally.

(Source：BeInCrypto)