According to online reports, Anita Soni, an analyst at the Capital Markets Department of Canadian Imperial Bank of Commerce, predicts in the latest forecast that gold prices will rise to $4500 per ounce in 2026 and 2027, and then fall back to $4250 in 2028 and $4000 in 2029. The analyst said he still expected gold to face a positive macroeconomic environment. Uncertainty about tariff policies will continue, and the negative impact of tariffs implemented so far and about to be implemented on consumer purchasing power has not yet been fully felt in the U.S. economy. At the same time, the Federal Reserve succumbed to Trump's call for interest rates earlier than Soni expected. Soni believes that the rise in gold prices earlier this year was related to interest rate cuts, but the recent parabolic surge stems from concerns about long-term inflation and wealth preservation, because the Federal Reserve's monetary policy does not pay special attention to long-term inflation.