Co-founder of brokerage firm DeCarley Trading predicts potential drop in gold prices

Gold prices reached record highs in 2025, increasing more than 20% amid economic concerns and global trade tensions. After Trump announced the new tariffs on April 2, the precious metal's value jumped 10%, according to experts from TheStreet.

Carley Garner, co-founder of brokerage firm DeCarley Trading, accurately predicted this rally back in 2024. Now, with prices running well above her projected trend line, she cautions traders to brace for an abrupt correction.

Traditional safe-haven assets, such as the US dollar and Treasury bonds, are currently facing selling pressure, driving investors increasingly toward gold. Garner cites the 80/20 rule as a reason for concern regarding the precious metal's future price performance, explaining that when the majority anticipates a continuous rally, the likelihood of an unexpected reversal grows.

Meanwhile, Wall Street analysts continue to revise their gold price forecasts upward. Deutsche Bank, for example, recently raised its 2026 price prediction from $2,900 to $3,700, as reported by TheStreet.