Wall Street bosses continue to be bullish on gold, is it time to sell options?
@OptionsAura:
Gold's rally appeared unstoppable, topping $4,000 an ounce for the first time on Tuesday. This makes$SPDR Gold ETF (GLD) $The year-to-date gain reached 52%, putting it on track for the biggest gain since 1979.In 1979, runaway inflation triggered investors to flock to safe-haven assets. Since the beginning of this year, some of the catalysts that have pushed up gold prices include economic uncertainty, concerns about inflation and the decline of the US dollar. "How long can gold's rally last?" Is undoubtedly the most concerned issue for investors recently.Here's what four Wall Street "big guys" have to say:Goldman Sachs: Up 22% by End of Next YearGoldman Sachs strategists recently raised their gold price target for the end of 2026 to $4,900 an ounce. T