Silver Rises Over 120% YTD 
Published: 03-26-2025, 08:25 am | Updated: 03-26-2025, 04:49 am
Multiple market strategists, including Bloomberg’s Mick McGlone, Yardeni Research, and Jeffrey Gundlach, forecast gold could hit $4,000 as investors flee riskier assets amid market uncertainty.
This shift is already underway, with the S&P 500 dropping 8.1% and Bitcoin falling nearly 13% since February, while gold gained 3% during the same period.
Gold has surged nearly 40% over the past year, reaching a record high before settling at $3,020. ETF flows dramatically illustrate this change, as investors have pulled over $4 billion from once-hot Bitcoin ETFs while pouring nearly $7 billion into gold ETFs last month.
Treasury bonds are also benefiting as a safe haven, with 10-year yields declining from 4.42% to 4.24%. McGlone predicts yields could drop further to around 2%, potentially making gold even more attractive by comparison, especially given market concerns about high stock valuations and the Trump administration’s trade policies.
