Gold Is Still on Track to Hit $3,000—And It Could Go Even Higher!

It’s no secret—gold has been on fire lately, charging toward the $3,000 mark. But after hitting new highs, it took a slight breather, dipping below $2,900 as some investors cashed in on profits. That’s normal market behavior, but don’t let the short-term noise fool you. The forces driving gold higher aren’t going away. In fact, they’re getting stronger. Why Gold Is Still Headed Higher Nitesh Shah, a top commodities analyst at WisdomTree, recently pointed out that traditional gold price models are struggling to keep up. He estimates that gold is currently about 15% overvalued based on old models—but here’s the kicker: those models are outdated. The game has changed. Gold isn’t just moving because of inflation or interest rates anymore.…