Bernstein raises gold price target to $4,000/oz through 2029

Ramelius Resources has reported a record gold output for Q4 2025, achieving a remarkable 70% All-In Sustaining Cost (AISC) margin. This impressive performance not only highlights the company's operational efficiency but also positions it strongly in the competitive gold mining sector. Such results are significant as they reflect the company's ability to capitalize on market conditions and enhance shareholder value.

US stocks closed with mixed results as investors reacted to an upbeat forecast from the IMF, which projected global economic growth. Meanwhile, gold prices surged, reflecting a safe-haven appeal amid ongoing trade tensions. This situation highlights the delicate balance investors must navigate between optimistic economic indicators and the uncertainties posed by international trade disputes.

Gold futures have reached a new record high, sparking excitement among traders who believe the precious metal could soar to $5,000 per troy ounce. This surge not only reflects growing investor confidence but also highlights the increasing demand for safe-haven assets in uncertain economic times. Silver has also hit a new high, indicating a broader trend in precious metals that could impact markets significantly.

Gold prices have reached a record high, driven by ongoing trade tensions between the U.S. and China and increasing expectations for a Federal Reserve rate cut. This surge in gold prices is significant as it reflects investors' growing concerns about economic stability and their desire for safe-haven assets. As uncertainty looms in global markets, gold's appeal as a reliable investment continues to strengthen, making it a focal point for both investors and analysts.

Wall Street is currently focused on a new investment strategy known as the 'sell dollar and buy gold' approach. This trend reflects a growing concern among investors about the potential devaluation of the dollar and the appeal of gold as a safe haven asset. Understanding this shift is crucial as it highlights the changing dynamics in the financial markets and the strategies investors are adopting to protect their wealth.

Circle's stock rating has been reiterated at 'Outperform' by Bernstein and SocGen, signaling strong confidence in the company's future performance. This endorsement from reputable financial institutions highlights Circle's potential for growth and stability in the market, making it an attractive option for investors looking for promising opportunities.

Broadcom's stock rating has been reiterated as 'Outperform' by Bernstein, highlighting the company's potential for growth driven by advancements in artificial intelligence. This endorsement reflects confidence in Broadcom's strategic positioning within the tech industry, especially as AI continues to reshape various sectors. Investors may find this news encouraging as it suggests a promising outlook for the company's performance in the near future.

Bernstein has raised its stock price target for Brunello Cucinelli, reflecting the brand's strong growth performance. This adjustment highlights investor confidence in the luxury fashion market, suggesting that Brunello Cucinelli is well-positioned for continued success. Such positive outlooks can influence market trends and attract more investors, making it a significant development in the financial landscape.

Amundi Physical Metals has announced the issuance of a new tranche of gold exchange-traded commodities (ETCs), which is a significant move in the investment landscape. This development is important as it reflects growing investor interest in gold as a safe-haven asset, especially in uncertain economic times. By expanding their offerings, Amundi is catering to the demand for gold investments, providing investors with more options to diversify their portfolios.

Amundi Physical Gold ETC has announced the issuance of a new tranche of 750,000 securities, reflecting a growing interest in gold investments. This move is significant as it indicates confidence in gold as a stable asset, especially in uncertain economic times. Investors are likely to see this as an opportunity to diversify their portfolios and hedge against inflation.

Smith & Nephew has faced a downgrade in its stock rating by Bernstein, reflecting concerns over its current valuation despite some recovery signs. This downgrade is significant as it may influence investor confidence and market performance, highlighting the challenges the company faces in maintaining its stock value amidst fluctuating market conditions.

Silver is currently outshining gold as a preferred safe-haven asset amidst global economic uncertainties, particularly due to the ongoing war in Ukraine and unconventional policies from the Trump administration. This shift is significant as it highlights changing investor preferences and the potential for silver to play a crucial role in financial markets.

Bocana Resources has announced a joint venture with Arizore to collaborate on mining projects, marking a significant step in their growth strategy. This partnership is expected to enhance resource exploration and development, potentially leading to increased production and job creation in the mining sector. Such collaborations are crucial as they can drive innovation and efficiency, benefiting both companies and the local economy.

Baird has upgraded Vor Biopharma's stock rating to 'Outperform' due to the promising potential of its drug telitacicept. This upgrade is significant as it reflects growing confidence in the company's ability to deliver innovative treatments, which could lead to increased investor interest and potentially higher stock prices. The positive outlook on telitacicept highlights the importance of advancements in biopharmaceuticals and their impact on patient care.

Jamie Dimon, the CEO of JPMorgan, has recently softened his stance on blockchain technology, indicating a growing acceptance of its potential. While he has historically criticized Bitcoin, his bank is actively exploring blockchain and stablecoin applications. This shift is significant as it reflects a broader trend in the financial industry towards embracing innovative technologies that could reshape banking and finance.

Roku CEO Anthony Wood has sold $2.35 million worth of shares, a move that raises questions about his confidence in the company's future. While stock sales by executives can sometimes signal concerns, they can also be part of planned financial strategies. This sale comes at a time when Roku is navigating a competitive streaming landscape, making it important for investors to monitor such developments closely.

Aerovironment's CFO, McDonnell, has sold $398,000 worth of shares, which raises questions about the company's financial strategies and future outlook. Such transactions can often signal confidence or concern about a company's performance, making it important for investors to pay attention to these moves.

Grindr, the popular dating app for the LGBTQ+ community, has confirmed that it has received interest from shareholders regarding a potential go-private deal. This move could signify a shift in the company's strategy, allowing it to focus more on user experience and privacy without the pressures of public market scrutiny. Such a change could enhance its services and strengthen its position in the competitive dating app landscape.