This is Why Analysts are Now Calling for $10,000 Gold

Distributed on behalf of K2 Gold Corporation


Gold last traded at $4.954 and could test $7,000, even $10,000, according to analysts. All of which is fueling upside in gold names such as K2 Gold Corporation (TSXV: KTO) (OTCQB: KTGDF), Newmont Corporation (NYSE: NEM) (TSX: NGT), Barrick Mining (NYSE: B) (TSX: ABX), Franco-Nevada (NYSE: FNV), and Alamos Gold (NYSE: AGI) (TSX: AGI).
That’s as the Federal Reserve’s pivots toward more interest rate cuts, mounting geopolitical tensions, and a wave of central bank buying. According to SAMCO Securities, gold could test $7,000, driven by further geopolitical uncertainties, sky-high deficits, central bank demand, and the real interest rate environment, as noted by Business Standard.

Others, according to SBG Securities, are calling for $10,000 gold based on monetary policy, geopolitical issues, and a weaker U.S. dollar, as noted by Investing.com. They added that a key driver of gold prices depends on the outlook for interest rate cuts. Markets are currently pricing in two cuts this, but the firm seems room for more, noting that “three cuts could push gold to $7,000 by year end (SBG’s base case) and a more dovish Fed may send gold to $10,000.”
Ed Yardeni of Yardeni Research also says $10,000 is a possibility, arguing the metal is being driven by a broad “geopolitical risk-on trade,” as mentioned by Investing.com. “We are still targeting $6,000 by the end of this year and $10,000 by the end of 2029,” he added.

One of the Beneficiaries Could Be K2 Gold Corporation (TSXV: KTO) (OTCQB: KTGDF)

K2 Gold Corporation announced that it has been recognized as one of the 2025 top 50 performers on the TSX Venture Exchange, based on an outstanding 515% share price appreciation and 847% market capitalization growth in 2025.
The 50 companies on the 2026 list delivered an average share price appreciation of 431% to investors, significantly outpacing the 207% recorded the year prior. In addition, the group holds a combined market capitalization of more than $21.5 billion — an unprecedented $17.9 billion increase over the course of 2025, with companies growing their market value by an average of 775% year-over-year.
The 2025 TSX Venture 50 showcases the top 50 of over 1,600 TSXV issuers. Eligible listed issuers are ranked based on three equally weighted criteria of one-year share price appreciation, market capitalization increase, and Canadian consolidated trading value as of December 31, 2025. More details can be found at the following link: www.tsx.com/venture50
“We are very proud to be recognized as a Top 50 TSX Venture Exchange Company for 2025. This award is a testament to our team’s experience and capabilities in execution, as we achieved 515% in share price appreciation and 847% in market cap growth in 2025. Looking forward to 2025, we are fully- funded and already executing one drill program at the Si2 Project, while actively planning and preparing for a transformative work program at our flagship Mojave Project. We remain focused on continuing to de-risk and grow our assets while continuing to create value for shareholders.” Commented Anthony Margarit, President & CEO of K2 Gold.

Other related developments from around the markets include:

Newmont announced third quarter 2025 results and declared a dividend of $0.25 per share. "Newmont delivered a robust third quarter performance, producing approximately 1.4 million attributable gold ounces and generating a third-quarter record of $1.6 billion in free cash flow, marking the fourth consecutive quarter with over $1 billion in free cash flow," said Tom Palmer, Newmont's Chief Executive Officer. "We are making significant progress on the cost savings initiatives announced at the beginning of the year, enabling us to meaningfully improve our 2025 guidance for several cost metrics, while maintaining our outlook for production and unit costs in a rising gold price environment. As I prepare to retire at year-end, I am confident that Newmont is well positioned to continue delivering strong performance under Natascha Viljoen's leadership, as she assumes the role of Chief Executive Officer at the beginning of 2026."

Barrick Mining announced the declaration of a $0.42 per share dividend in respect of performance for the fourth quarter of 2025, representing an increase of 140% over the third quarter, and announced a new dividend policy. The Q4 2025 dividend will be paid on March 16, 2026 to shareholders of record at the close of business on February 27, 2026. In addition to the dividend, Barrick repurchased approximately 12.11 million shares during Q4 under the share buyback program that was announced in February 2025. During the year, Barrick repurchased approximately 51.90 million shares under the 2025 program, or approximately 3.0% of Barrick’s issued and outstanding shares at the time this year’s program was announced, for cash of $1.5 billion, including $500 million paid during Q4.

Franco-Nevada record quarterly results benefited from a combination of higher gold prices, strong operations, new acquisitions and the sale of Cobre Panama copper concentrate stockpiles. Our acquisition of six meaningful new gold interests over the last 18 months has positioned us for strong growth over the long-term and boosted our gold price exposure, with 85% of our revenue being from precious metals in the quarter. Following these results, we have narrowed our 2025 Total GEO sales guidance range, toward the higher end of our original guidance. After drawing on our corporate revolver to fund the Arthur Gold royalty acquisition in July, the Company is once again debt-free. We are encouraged by the recent constructive comments by the President of Panama toward resolution of the Cobre Panama mine closure. “Looking forward, our deep portfolio of producing, development and exploration stage royalties on primary gold assets is well positioned to grow organically in this strong gold price environment,” stated Paul Brink, CEO.
Alamos Gold Inc. reported results of the Expansion Study completed on the Island Gold District operation, located in Ontario, Canada. Compared to the Base Case Life of Mine Plan released in June 2025, the IGD Expansion incorporates a 30% increase in Mineral Reserves, and an expansion of the Magino mill to 20,000 tonnes per day supporting increased processing rates of 3,000 tpd of high-grade underground ore, and 17,000 tpd from the open pit. This is expected to drive production higher and create one of the largest, longest life, and most profitable gold operations in Canada. “The evolution and growth of Island Gold continues with another substantial increase in Mineral Reserves supporting another high-return expansion of the operation. The IGD Expansion is starting to unlock the true potential of the Island Gold District with the increase in mining rates expected to drive production to more than 530,000 ounces per year at among the lowest costs in the industry. The IGD Expansion has driven the value of the operation to over $12 billion at gold prices of $4,500 per ounce, up from a combined acquisition cost for Island Gold and Magino of $1.4 billion. Given our significant ongoing exploration success within the main Island Gold structure and spectacular high-grade results we are seeing within the nearby Cline-Pick targets, we are confident there is further growth and upside to come,” said John A. McCluskey, President and Chief Executive Officer.
Legal Disclaimer / Except for the historical information presented herein, matters discussed in this article contains forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Winning Media is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release. For making specific investment decisions, readers should seek their own advice. Winning Media is only compensated for its services in the form of cash-based compensation. Pursuant to an agreement Winning Media has been paid three thousand five hundred dollars for advertising and marketing services K2 Gold Corporation by K2 Gold Corporation. We own ZERO shares of K2 Gold Corporation. Please click here for disclaimer.

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