Experts say that the doubling of the price of gold is without suspense.

At the "2026 Market Outlook Forum" held by the London Stock Exchange Group recently, economist Hong Hao told reporters that the recent decline in gold prices is not due to worsening fundamentals, but because it has "completed a phase of its historical mission". Hong Hao analyzed that the lower the credit rating of US bonds and the higher the yield, the higher the price of gold will be in a year. Holding a 10-year US bond for a year could result in a loss of nearly 10 percentage points, which is a very unfavorable trade; in comparison, whether it is fundamental logic, narrative logic, or data models, all point to a higher price for gold, with no doubt of doubling in the future. Despite the significant pullback in the short-term gold prices, he remains optimistic about the long-term outlook.