Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › World News › Why Gold Could Reach 5,000
World News

Why Gold Could Reach 5,000

Bloomberg Markets Monday 03 August 2026, 16:16 UTC 1 min read
Key Points

Aug 3rd, 2026 Why Gold Could Reach 5,000 Standard Chartered’s Suki Cooper joins Bloomberg Open Interest to explain why gold could resume its climb toward 5,000. She says central-bank demand, geopolitical uncertainty, and portfolio diversification remain powerful supports, while recent price resilience suggests gold has established a durable floor despite higher yields and weak ETF positioning.

Aug 3rd, 2026 Why Gold Could Reach 5,000 Standard Chartered’s Suki Cooper joins Bloomberg Open Interest to explain why gold could resume its climb toward 5,000. She says central-bank demand, geopolitical uncertainty, and portfolio diversification remain powerful supports, while recent price resilience suggests gold has established a durable floor despite higher yields and weak ETF positioning.
Standard Chartered’s (ORG) Suki Cooper (PERSON) Bloomberg Open Interest (ORG)
Originally published by Bloomberg Markets Read original →

Related Stories

Driver jailed for four years after faking brake failure on motorway

Nathan Owen drove his electric Jaguar at up to 86mph and lied to police it was malfunctioning and out of his controlA man who drove his electric Jaguar at up to 86mph on motorways falsely telling police the car was malfunctioning and out of his control has been jailed for four years and three months. Nathan Owen fabricated not being able to brake in a “frighteningly stupid” ploy to avoid paying car finance, Liverpool crown court heard.

The Guardian World 43m ago

Ohio man fleeing police on foot leaps onto moving car, tries to take control before falling off: Police

An Ohio man accused of shoplifting leaped onto a woman's car as she barreled down the highway trying to escape police, dramatic video shows. Two Ohio men accused of shoplifting from a Kroger were pulled over by Miami Township police on July 27, and one of them, later identified as Kaamil O'Berry, bolted from the car and fled on foot, according to WKRC.The suspect was seen running over the on-ramp to I-75 as he ran away from police. FLEEING WISCONSIN DRIVER GETS AIRBORNE AND JUMPS CAR OVER...

Fox News 44m ago

Lions lament Terrion Arnold absence as he could join troubling list of NFL players who derailed their careers

The story of Terrion Arnold's fall from grace is still being written as the former NFL first round draft pick awaits an arraignment later this month on a handful of first-degree felony charges that carry with them the possibility of life imprisonment. The newest part of the Arnold story is how the Detroit Lions, who drafted the cornerback in 2024 and were expecting him to mature from their secondary's most promising player to its star, are still lamenting everything that has transpired....

Fox News 48m ago

Michigan reports two deaths in cyclosporiasis outbreak

Two people in Michigan have died after contracting cyclosporiasis, the Michigan Department of Health and Human Services said Monday. Both people — whose identities were not provided by the state — had “significant underlying health conditions that may have been impacted by cyclosporiasis and dehydration,” according to a news release. Cyclospora, the parasite found in human feces that causes cyclosporiasis, can lead to dehydration because of the loss of fluid through severe diarrhea and...

NBC News 48m ago