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Fortune

Jason Ma

At this rate, the price of gold could soar to $10,000 per ounce in just three years

Gold United States Donald Trump Ed Yardeni US Federal Reserve

(Credit: Justin Sullivan—Getty Images)

After surging nearly 50% so far this year, gold could skyrocket 150% as early as 2028 if its current pace keeps up.

The precious metal topped $4,000 per ounce for the first time ever earlier this week, then got another jolt Friday, when President Donald Trump said he will impose an additional 100% tariff on China and limit U.S. exports of software.

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