Gold could cross $7,000 after last year’s 70% jump, says SAMCO Securities

Gold prices, up nearly 70% in 2025 after hitting record highs, still have room to run, SAMCO Securities said, projecting a long-term target of $7,040. Brokerages view recent consolidation as healthy, with strong technicals, central-bank buying and macro tailwinds supporting the uptrend, though rising risk appetite or tighter US policy could trigger short-term corrections.