Gold traded near $4,110 per ounce on Friday, July 10, 2026, down about 0.3% on the session and coiling in a tightening range just above the $4,000 line it briefly lost in late June. Robert Kiyosaki wants you to look past all of it.

The author of “Rich Dad Poor Dad” still sees gold (XAU/USD) at $35,000 an ounce, a climb of more than 750% from here, and he repeated the call at the end of June while the metal was still falling. My gold price prediction runs the other way on the timeframe that actually trades, because the chart is closing on its first death cross since 2023.

The distance between those two views is the whole story. Kiyosaki is describing a five-year, collapse-driven repricing, while my chart is describing the next few weeks, and the two point in opposite directions. Both can hold at once, which is exactly why the headline number is worth taking apart.

Follow me on X for real-time gold market analysis: @ChmielDk

Kiyosaki Doubles Down on Gold Price, Then Blinks

When I first put Kiyosaki’s $35,000 target under the gold chart in March, spot sat near $4,493 and the call implied a roughly 680% gain. Gold has since dropped to $4,110, so the same target now implies about 751%, more than eight times the current price. The forecast did not get bigger. The price got smaller.

Kiyosaki has not softened it. On June 27 he claimed he had picked the turn, noting gold had risen since he bought and floating a bull run toward $35,000 if macro strategist Jim Rickards proves right, which he said he believes. He also nudged followers toward technical analysis as the study worth learning.

Two days later the tone flipped. On June 29 he wrote, “I was wrong. Gold still crashing!” then restated that he still expects $35,000 in about five years, reminding readers that profits are made on the buy, not the sell.

The concession matters more than the target. A forecaster who admits the timing is off is telling you the near term belongs to the chart, not the thesis.

The Death Cross He Isn’t Charting

Here is what my chart shows. Gold has spent the past month consolidating just over $4,000, the psychological level that lines up with the March lows to form the floor of the range.

Resistance runs from roughly $4,200 up into the $4,300 to $4,400 band, and inside that band sit the two moving averages every trend trader watches. They are converging on a death cross, the first since 2023, and price is already trading below both of them rather than testing them from above.

In fifteen years charting metals, a decade of them at FinanceMagnates.com, I have learned that the loudest long-term calls and the daily chart rarely run on the same clock. A death cross is a real signal, not a verdict. The last one, back in 2023, reversed within weeks, a caveat I flagged when the setup first formed in late June. What tips the odds bearish this time is the position of price beneath both lines, not above them.

A falling trend line off the March highs adds a second wall. It now cuts across near $4,200 and has rejected every rally since the record, forcing lower highs for four straight months. Stack that descending line on the flat $4,000 floor and the shape is a descending triangle, a pattern that narrows until price is squeezed out of it. With the primary trend already down, the break more often comes through the floor than the ceiling.

Lose $4,000 on a daily close and the math changes quickly. My downside target stays $3,440, the 100% Fibonacci extension of the 2025 advance and roughly the lowest gold would have traded since August 2025. That level sits about 16% under spot and close to 40% below January’s $5,595 record. A daily close back above the $4,300 to $4,400 band would neutralize the entire setup and put the $5,400 record zone back into the conversation.

Where This Gold Price Prediction Sits Against Wall Street

Gold is heavy for reasons that have nothing to do with Kiyosaki’s bubble thesis. Real Treasury yields remain elevated, the Federal Reserve has trimmed its 2026 rate-cut plans to a single move, and a firm dollar keeps capping bounces before they mature. Those are the same forces I have tracked through this correction, and none of them has flipped.

Wall Street still sits far below $35,000 and well above spot. Goldman Sachs holds $5,400 for year-end and JPMorgan’s base case runs near $5,000, targets I read as credible only once gold reclaims $4,300. The World Gold Council’s bear case flags a 5% to 20% drop if reflation takes hold, which fits my chart far better than any of the bull numbers right now. The full institutional range is wide, yet it clusters two to three thousand dollars under Kiyosaki’s figure.

So does the $35,000 call belong in the bin? Not really, because central banks bought 244 net tonnes in the first quarter of 2026, a structural bid that keeps gold’s direction higher over years even while the daily tape bleeds. Kiyosaki’s magnitude is the outlier, not his direction, and his June reversal is the tell that the long-horizon case and the daily chart run on different clocks. I have tracked this target since the March analysis where I first weighed it, with the rest of my gold work on my analyst page.

FAQ: Gold Price Prediction

Why Does Robert Kiyosaki Predict Gold at $35,000?

Kiyosaki ties his gold price prediction to a systemic breakdown in fiat currencies, not to ordinary supply and demand. He argues that debt, deficits, and money printing will eventually pop what he calls the everything bubble, and that gold reprices violently once it does. The $35,000 figure is conditional on that collapse, which is why he frames it in years rather than months.

How Much Would Gold Have to Rise to Reach $35,000?

From Friday’s price near $4,110 per ounce, gold would need to gain about 751%, more than eight times its current value, to reach Kiyosaki’s target. Put another way, the metal would have to add almost $31,000 an ounce. No major bank forecast comes close, since the highest year-end 2026 targets on Wall Street sit near $6,000, a small fraction of that climb.

Is a Death Cross a Reliable Sell Signal for Gold?

Not on its own. A death cross, where the 50-day average falls below the 200-day, confirms that momentum has turned, but it lags price and can misfire. Gold’s last death cross in 2023 reversed within weeks. What makes the current signal more serious is that price already trades below both averages and under a falling trend line drawn from the March highs.

How Low Can Gold Go if $4,000 Breaks?

A daily close below $4,000 would open my primary downside target of $3,440, the 100% Fibonacci extension of the 2025 rally and roughly the lowest gold has traded since August 2025. That is about 16% under Friday’s price and close to 40% below January’s record high near $5,595. A reclaim of $4,300 to $4,400 would cancel the bearish setup.

Should Investors Trust Kiyosaki’s Track Record on Gold?

His calls tend to be directionally right but poorly timed. He correctly flagged higher gold and silver over the years, yet his price targets have often arrived late or short of the level promised. His late-June admission that he was early fits that pattern. Treat the $35,000 number as a long-horizon scenario rather than a dated forecast, and size any position accordingly.

This article was written by Damian Chmiel at www.financemagnates.com.TrendingRead More

You might also be interested in reading Retail investors reap gains as dip-buying strategy fuels market rally: FT.