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Just checked the gold charts and wow—PAXG just hit a new all-time high around $5,640. That's wild. We were talking about $4,550 as the ceiling just a few months back, and here we are blowing past it. The move has been pretty relentless since late 2025.
What's interesting is that it's not just retail FOMO driving this. Central banks are still accumulating aggressively, and there's this persistent fear about currency devaluation and debt levels that keeps pushing institutional money into gold. The real interest rates are still supporting the narrative too. Every time there's a dip, it gets bought up pretty quickly.
Looking ahead to 2030, I'd be curious to see where this actually settles. If the macro backdrop stays supportive—and it looks like it will—we could see gold price predictions pointing well above $5,000 as the new baseline. The question isn't really if we hit higher levels, but how much higher and how fast. For now, watching support around $4,400–$4,500 on any pullbacks. Long-term holders seem pretty comfortable here.