CEO of Precious Metals Company Says Gold Will Hit Over $5,000

BloombergFriday, October 10, 2025 at 3:47:41 PM
CEO of Precious Metals Company Says Gold Will Hit Over $5,000
The CEO of Wheaton Precious Metals Corp. has made an optimistic prediction that gold prices could soar to over $5,000 an ounce within the next year, potentially doubling by the end of the decade. This forecast is significant as it reflects growing confidence in the precious metals market, which could influence investment strategies and economic stability.
— Curated by the World Pulse Now AI Editorial System

Was this article worth reading? Share it

Recommended Readings
Is gold really a risk-free asset?
NeutralFinancial Markets
The article explores the notion of gold as a risk-free asset, questioning its reliability in uncertain economic times. While gold has traditionally been viewed as a safe haven, the piece highlights the complexities of market dynamics and the potential risks involved in investing in gold. Understanding these factors is crucial for investors looking to diversify their portfolios and safeguard their wealth.
Investing.com’s stocks of the week
NeutralFinancial Markets
Investing.com has released its latest picks for stocks to watch this week, highlighting key trends and potential opportunities in the market. This information is crucial for investors looking to make informed decisions and capitalize on emerging trends, ensuring they stay ahead in the ever-changing financial landscape.
Why Gold’s Ascent May Be Just Getting Started
PositiveFinancial Markets
Gold's recent rise in value suggests that its ascent may be just beginning. This matters because gold has historically been a safe haven during economic uncertainty, and as more investors turn to it, its significance in financial markets could increase. The allure of gold, often described as a tangible connection to eternity, continues to captivate those seeking stability in their investments.
Crowdstrike president Sentonas sells $12.7m in stock
NeutralFinancial Markets
Crowdstrike's president, George Sentonas, has sold $12.7 million worth of stock, a move that raises eyebrows in the financial community. While stock sales by executives can sometimes signal a lack of confidence in a company's future, they can also be part of a planned financial strategy. This sale is significant as it reflects the ongoing dynamics in the tech sector and investor sentiment towards cybersecurity firms.
Wall Street selloff raises worries about market downturn
NegativeFinancial Markets
The recent selloff on Wall Street has raised significant concerns among investors about a potential market downturn. As stocks plummet, many are questioning the stability of the economy and the factors driving this decline. This situation matters because it could impact investment strategies and consumer confidence, leading to broader economic implications.
Nvidia CEO Huang Jen Hsun sells $42.8 million in NVDA stock
NeutralFinancial Markets
Nvidia CEO Huang Jen Hsun has sold $42.8 million worth of NVDA stock, a move that has caught the attention of investors and analysts alike. While stock sales by executives can sometimes raise concerns about a company's future, this transaction appears to be part of a broader trend in the tech industry where leaders are cashing in on their holdings. It's important for investors to consider the context of such sales, as they can reflect personal financial strategies rather than company performance.
Carvana CEO Garcia’s trusts sell $1m+ in shares
NeutralFinancial Markets
Carvana's CEO, Garcia, has recently sold over $1 million in shares from his trusts. This move raises questions about the company's future and Garcia's confidence in its performance. While such transactions are not uncommon among executives, they can signal various things to investors, including potential concerns or strategic financial planning.
US Leveraged Loan Market Under Strain as More Deals Are Pulled
NegativeFinancial Markets
The US leveraged loan market is facing significant challenges as it experiences its second pulled deal within a week, highlighting growing investor concerns. This situation is crucial as it reflects the tightening conditions in the financial landscape, prompting lenders to make investor-friendly adjustments to other transactions to secure their completion. Such trends could indicate broader economic implications and affect future lending practices.
Rush Street Interactive CEO Schwartz sells $3.5m in stock
NeutralFinancial Markets
Rush Street Interactive's CEO, Schwartz, has sold $3.5 million worth of stock, which raises questions about the company's future direction and investor confidence. Such transactions can often signal changes in leadership strategy or market conditions, making it a noteworthy event for investors and analysts alike.
BridgeBio Pharma CEO Kumar sells $4.38 million in BBIO stock
NegativeFinancial Markets
BridgeBio Pharma's CEO, Kumar, has sold $4.38 million worth of BBIO stock, raising concerns among investors about the company's future. Such significant stock sales by executives can often signal a lack of confidence in the company's performance, leading to speculation and potential volatility in the stock price. This move is particularly noteworthy as it comes at a time when the biotech sector is facing various challenges, making it crucial for stakeholders to closely monitor the company's next steps.
Bloomberg Markets 10/10/2025
PositiveFinancial Markets
In the latest episode of Bloomberg Markets, Samantha Dart from Goldman Sachs shared exciting news about the gold market, raising the December 2026 gold target to an impressive $4,900. This significant adjustment reflects the ongoing shifts in global asset classes and highlights the importance of staying informed about market trends. Investors and analysts alike should pay attention to these insights as they could influence trading strategies and investment decisions in the coming years.
Colombia stocks lower at close of trade; COLCAP down 1.03%
NegativeFinancial Markets
Colombia's stock market faced a downturn as the COLCAP index dropped by 1.03% at the close of trading. This decline reflects broader economic concerns and investor sentiment, which could impact future investments and economic stability in the region.
Latest from Financial Markets
Is this U.S.-China selloff a buy? A top Wall Street voice weighs in
NeutralFinancial Markets
A prominent Wall Street analyst has shared insights on the recent selloff in U.S.-China stocks, suggesting that this might be a strategic buying opportunity for investors. The commentary comes at a time when market volatility has raised concerns among traders, making it crucial for investors to assess the potential for recovery in these markets. Understanding the dynamics of this selloff is essential for making informed investment decisions.
Trump’s America powers ahead as Europe stalls
PositiveFinancial Markets
The article highlights how the American economy, under Trump's leadership, continues to show robust growth while Europe faces stagnation. This contrast is significant as it underscores the differing economic strategies and outcomes between the two regions, potentially influencing global markets and trade relations.
Is gold really a risk-free asset?
NeutralFinancial Markets
The article explores the notion of gold as a risk-free asset, questioning its reliability in uncertain economic times. While gold has traditionally been viewed as a safe haven, the piece highlights the complexities of market dynamics and the potential risks involved in investing in gold. Understanding these factors is crucial for investors looking to diversify their portfolios and safeguard their wealth.
Which Restaurant Brands Are Trending In 2H25?
NeutralFinancial Markets
As we move into the second half of 2025, various restaurant brands are gaining traction among consumers. This trend is significant as it reflects changing tastes and preferences in the food industry, highlighting how brands adapt to meet customer demands. Understanding these shifts can provide valuable insights for investors and industry stakeholders looking to capitalize on emerging opportunities.
China Flexed. Trump Hit Back. So Much for the Thaw.
NegativeFinancial Markets
Recent developments in U.S.-China relations have taken a turn for the worse, as President Trump has responded sharply to China's assertive actions. This escalation highlights the fragility of diplomatic efforts and raises concerns about future cooperation between the two nations. The situation is significant because it could impact global markets and international stability, making it crucial for observers to pay attention to how these tensions unfold.
French PM Lecornu under immediate pressure ahead of budget deadline
NegativeFinancial Markets
French Prime Minister Lecornu is facing intense pressure as the government approaches a critical budget deadline. This situation is significant because it highlights the challenges the administration faces in balancing fiscal responsibility with public expectations, and the outcome could have lasting implications for the government's stability and public trust.