24/06/2026
Gold have to drop to $3,800 or lower soon due to several reasons:
1. Gold excavation cost that’s around $1,000 per ounce.
2. Stability after a wave.
3. Emerging so many hype makers in the market that causes trust loosing.
4. Lack of long-term investment vision.
For price to go up to $6,000 will need 5-10 years unless a re-evaluation happens which is unlikely.