Macro data from China’s manufacturing sector came in stronger than expected, boosting commodity sentiment. The gold futures contract responded positively, adding $12 intraday. His call on gold has already played out. Prices surged in 2024 and continued climbing through 2025, recently surpassing his $3,700 target. In May, Kiyosaki doubled down, forecasting: “Gold will go to $25,000.” (4) ‘From a technical standpoint, both gold and silver are looking stretched—we’re clearly in overbought territory. That leaves the assets vulnerable to a near-term shakeout if the macro fundamentals shift. A strong NFP report or a more hawkish Fed pivot could take some air out of the trade, while any de-escalation on the geopolitical front would also sap safe-haven flows. In other words, positioning looks crowded, and the risk of near-term correction increases’, notes Kar Yong Ang. Market chatter points to central banks in emerging markets increasing bullion reserves, a trend directly influencing upward momentum in the gold futures contract over the last 10 sessions.
