The S&P 500 and gold are both predicted to reach 10,000 by the end of the decade, according to a new forecast from Yardeni Research. The firm's outlook sets 2029 as the target year for the equity index and the precious metal to hit that round number.
A decade-end target
Yardeni Research released the forecast for the S&P 500 and gold prices, projecting each will hit 10,000 by 2029. The prediction covers a six-year horizon from now through the end of the decade. For the S&P 500, that level would mean a significant rally from current trading. Gold, which has already seen strong gains in recent years, would need to more than double to reach the same figure.
The forecast is notable for its specificity: both assets are expected to hit exactly 10,000, a round number that underscores the firm's bullish view. No detailed breakdown of the economic drivers or a timeline within the decade was provided alongside the prediction.
Yardeni Research is known for its independent market analysis and long-term calls. The 10,000 target for the S&P 500 implies the index will climb well beyond its current all-time highs. For gold, it suggests continued demand for the safe-haven asset amid global uncertainties.
The forecast does not specify whether the two assets will reach the milestone at the same time or if one will get there first. It simply sets 2029 as the endpoint for both. Investors will have to wait and see if the prediction holds up over the next six years.
