Analysts Are Now Calling for $10,000 Gold

Gold is at historic highs.

But this is just the start, creating a significant opportunity for companies, such as K2 Gold Corporation (TSXV: KTO) (OTCQB: KTGDF).

Just days ago, gold hit a high of $5,608, as investors flock to safe haven assets.

All with growing, massive government deficits, Federal Reserve action, geopolitical stress, inflationary issues, and governments diversifying away from the U.S. dollar.

Plus, demand from investors and central banks remains near record highs.

According to the World Gold Council, as gold prices shattered records about 53 times in 2025, annual inflows into physically backed gold ETFs rocketed to $89 billion, “the largest on record as the gold price delivered its strongest performance since 1979. In turn, global gold ETFs’ assets under management (AUM) doubled to an all-time high of US$559 billion, with holdings reaching a historic peak of 4,025t, up from 3,224t in 2024.”

Even more impressive, in the third quarter of 2025, global central banks pushed their net purchases to 220 tonnes, a 10% year over jump, and a 28% jump quarter over quarter.

As that continues, analysts are now calling for $7,000… even $10,000 gold.

While a substantial number of analysts have been calling for $5,000 gold for some time, we’re now seeing calls for $7,000 gold.

According to SAMCO Securities, gold could test $7,000, driven by further geopolitical uncertainties, sky-high deficits, central bank demand, and the real interest rate environment, as noted by Business Standard. And, according to Ed Yardeni, president of Yardeni Research, as quoted by CNBC, “We are now aiming for $5,000 in 2026. If it continues on its current path, it could reach $10,000 before the end of the decade.”

Again, that’s creating a massive opportunity for K2 Gold Corp. (TSXV: KTO) (OTCQB: KTGDF).

“With a $9.8 million exploration budget now approved, 2026 is shaping up to be a pivotal year for K2,” stated Anthony Margarit, President & CEO of K2 Gold.

For one, it’s advancing its Mojave Project – a polymetallic mineralized system, hosting a 5 km long corridor of high-grade gold mineralization in the east (Newmont – Dragonfly – Gold Valley) and 5km of strike of high-grade copper mineralization in the west

“At Mojave, we continue to demonstrate compelling scale, with multiple kilometres of high-grade gold, copper and polymetallic gold-silver-lead-zinc trends now defined, positioning the project for a return to drilling — something our team has been working toward for several years, and which will be particularly meaningful for us,” added Margarit.

The company’s best hole to date at Mojave returned 86.9 meters grading 4.0 g/t gold, all oxide material starting from surface. That combination of grade, width, and near-surface oxide mineralization is exactly what experienced geologists look for.

And it may just be the beginning.

Surface sampling approximately 1.5 kilometers north of that best drill hole has returned grab samples as high as 375 g/t gold (over 12 ounces per ton) and 142.5 g/t gold. That area has never been drilled, meaning multi-ounce gold samples are sitting on surface in virgin territory waiting to be tested.

The known system could just be scratching the surface of what’s actually there.

Its Si2 Gold Project Adds Substantial Upside

Drilling is also underway at its 100%-owned Si2 Gold Project, located approximately 59 kilometers west of Tonopah, Nevada, in the prolific Walker Lane Trend.

Si2 Project in Nevada provides additional potential growth for the company.

Si2 is an analogue to AngloGold Ashanti’s Silicon deposit, one of the most exciting gold discoveries in the region in recent years. Silicon started with a maiden resource of 3.14 million ounces in early 2021. Today it stands at over 16 million ounces and counting. Both Si2 and Silicon were originally identified and acquired from the same group, Orogen Royalties, before anyone else recognized their potential.

K2 Gold’s 2023 drilling at Si2 confirmed a robust system, with one hole returning 185 meters of continuous gold mineralization. Technical work has since indicated that higher-grade zones likely exist at slightly greater depth.

Another Project in Yukon Adds Even More Potential

K2 Gold Corp’s. Wels Project in the Yukon adds another layer of upside to an already compelling story. Wels sits just 60 kilometers south of the Coffee deposit, the 2.8 million-ounce gold discovery that Kaminak Gold made before selling to Goldcorp for approximately C$520 million.

The geology at Wels shares key similarities with Coffee, and the team that discovered Coffee knows this district better than anyone.
Drilling at Wels has already returned strong results, including 5.08 g/t gold over 12.5 meters and 2.37 g/t gold over 28.5 meters, with 80% of the property still unexplored.

And yet, despite all of this, K2 Gold Corporation (TSXV: KTO) (OTCQB: KTGDF) trades at a fraction of other gold stocks, with an undervalued market cap of just $135 million.

But we don’t expect for that to be the case for long – with K2 Gold’s potential to deliver life-changing returns for investors.