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Strategist Predicts Gold at $15,000 by December, Citing China’s Middle East Influence

Strategist Predicts Gold at $15,000 by December, Citing China’s Middle East Influence

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tags. Translate the text inside. Let me write the translation paragraph by paragraph. First paragraph: "A market strategist has issued a striking forecast: gold could hit $15,000 an ounce by December, though the probability of that happening is just 2.6%. The prediction, which would represent a roughly tenfold increase from current levels, is tied to the analyst's view that China's expanding influence in the Middle East could destabilize the US dollar's role as the world's reserve currency." Translation: "Seorang analis strategi pasar telah mengeluarkan perkiraan yang mencolok: emas bisa mencapai $15.000 per ons pada Desember, meskipun probabilitas terjadinya hanya 2,6%. Prediksi yang akan mewakili peningkatan sekitar sepuluh kali lipat dari level saat ini, terkait dengan pandangan analis bahwa pengaruh China yang meluas di Timur Tengah dapat mengganggu stabilitas peran dolar AS sebagai mata uang cadangan dunia." Second paragraph: "The strategist, whose name was not disclosed in the report, laid out a scenario where geopolitical shifts—driven by China's deepening ties with oil-producing nations—trigger a flight from dollar-denominated assets. Under that scenario, gold would surge as investors seek a store of value outside the US financial system. The 2.6% probability suggests the strategist sees this as a tail risk, not a base case, but one worth noting given the magnitude of the potential move." Translation: "Analis tersebut, yang namanya tidak diungkapkan dalam laporan, menjabarkan skenario di mana pergeseran geopolitik—didorong oleh hubungan China yang semakin dalam dengan negara-negara penghasil minyak—memicu pelarian dari aset yang didenominasi dolar. Dalam skenario itu, emas akan melonjak karena investor mencari penyimpan nilai di luar sistem keuangan AS. Probabilitas 2,6% menunjukkan bahwa analis melihat ini sebagai risiko ekor, bukan skenario dasar, tetapi patut dicatat mengingat besarnya potensi pergerakan." Third paragraph: "Gold has historically been a hedge against currency debasement and geopolitical uncertainty. A move to $15,000 would dwarf any previous rally, including the 2011 peak near $1,900 and the 2020 highs above $2,000. The strategist's call implies a complete repricing of the metal as a global monetary anchor." Translation: "Emas secara historis menjadi lindung nilai terhadap penurunan nilai mata uang dan ketidakpastian geopolitik. Pergerakan ke $15.000 akan mengalahkan reli sebelumnya, termasuk puncak 2011 di dekat $1.900 dan level tertinggi 2020 di atas $2.000. Seruan analis tersebut menyiratkan penetapan harga ulang secara menyeluruh terhadap logam ini sebagai jangkar moneter global." Fourth paragraph: "China has been steadily increasing its economic and diplomatic footprint in the Middle East. In recent years, Beijing brokered a rapprochement between Saudi Arabia and Iran, and it has pushed for trade settlements in yuan rather than dollars. The strategist argues that if China persuades major oil exporters to accept yuan