Gold Price Prediction & Long-term Forecast

Gold — is the oldest financial asset. Over the millennia, it has lost neither its popularity nor its purchasing power. The price of an ounce covers the same set of goods as before Christ.

Gold was originally valued for its beauty and chemical properties. Nowadays, investors are interested in buying the precious metal because of its reputation. It is considered an instrument that can protect money from inflation.

The second reason for gold's popularity is its low correlation with stocks. Physical gold is one of the safe haven assets. This makes it an important component of a conservative portfolio. However, this factor is gradually receding into the background. Recently, the correlation has been growing compared to the indicators of the XX century.

Month
1 year
3 years

About Gold

Metals have several differences from other investment instruments:

  1. The asset is in demand in many spheres. Due to this its value theoretically cannot fall to 0.
  2. No counterparty risk. Unlike stocks and bonds, gold bullion is nobody's obligation.
  3. No cash flow. The metal does not generate profits on its own. Therefore, the investor does not receive dividends. An asset has to be sold to earn money.

The future price of gold largely depends on the expectations of market participants. Traders are more active in gold trading during periods of banking crises, etc. Demand grows as people believe that the metal will retain the purchasing power of money.

Most of the deals take place involving derivatives and "paper" gold. The latter are funds' stocks, which make money on the growth of the price of an ounce. Direct investments in bars and coins are used only by long-term investors.


Key Findings

  • The long-term gold forecast 2050 is bullish. There are predictions that the price of an ounce may exceed $50 thousand.
  • High demand is the main driver of quotations growth. It is observed both on the part of central banks and retail investors.
  • The forecast for gold prices in 2024 is bullish. JP Morgan expects an average price of $2175 per ounce. Goldman Sachs experts - $2133.
  • BeatMarket analysts are more optimistic. We believe that quotations are capable of exceeding the threshold of $2220-$2250 per ounce.
  • The forecast for the next month is negative. In the opinion of Gov Capital, quotations will fall to $2010 per ounce by mid-February. This is the most likely scenario.

Price Today

2332.52$

Price for next year 2024

2336.94$

Long-term price 2025-2030

2567.93$

The price of gold is largely determined by the balance of supply and demand. But market expectations of a recession are making serious adjustments. The best time to invest in this metal is during periods of economic growth.

Gold Price History Chart

Key dates

2008 year

Financial crises are accompanied by falling asset values as investors need liquidity. Over 7 months the gold price fell by 29.5%. Only in November 2008 the global economy adapted to the situation and the demand for metal increased. In just 3 months quotations returned to the level of early January 2008.

+2.8%

2018-2020 year

Gold prices remained in a strong uptrend. In many respects, monetary policy contributed to the achievement of the historical maximum. It was aimed at overcoming the economic crisis. Most central banks reduced the rate to historic lows.

+44.3%

2022 year

Against the backdrop of the political crisis, the quotations of most assets collapsed. For more than half a year, the price declined, eventually losing more than 15%. Yet, the recovery to the previous values was even more rapid.

+24.6%

Gold Forecast for Today

Growth

The quotations of the asset are now growing. The situation in the domestic and global market pushes the gold price upwards. Investors are inclined to buy the precious metal as they see it as a safe haven asset against a weaker dollar.

As long as the expectations of market participants do not change, the gold price predictions will remain positive for a long period of time. Therefore, at the present moment it looks like a strong asset. All indicators prove that it is reasonable to buy.

Minimum forecast cost

2170.75 USD

Maximum Forecast Value

2399.25 USD

% value change

1.2%

Technical gold analysis

gold bars

For predicting gold prices using technical analysis, traders look at the following factors and tools:

  1. Candlestick patterns involve various combinations of bullish and bearish candles. Their size and combination allow for predictions about future price movements. For example, at the end of April 2024, a Bullish Hammer pattern can be seen on the 30-minute chart.
  2. Oscillators, which are built under the chart, such as the RSI. At the time of writing this review, its value is 60.8. This indicates that the asset is not in an overbought zone, and further price growth is possible.
  3. Indicators that are built on the chart, such as Bollinger Bands or Moving Averages. Depending on their position relative to the price line, conclusions are drawn about the presence of a trend. In April 2024, there is a pronounced bullish trend. The price is above the Moving Average value. The price chart tested breaking above the upper Bollinger Band.

For gold in May 2024, technical analysis tools are providing a bullish forecast. If the upward trend breaks, the support levels will be at the thresholds of $2145 and $2070.

However, technical analysis is not always accurate. A signal is considered more reliable if it is confirmed by multiple indicators.

Below is an overview of these most popular technical analysis tools. The recommendations to buy or sell gold are based on them.

Buy
30.07% Sell
1.32% Neutral
68.61% Buy

Market trend

Strong Buy

Market Sentiment

Buy: 68.61%

Sell: 30.07%

Neutral: 1.32%

Buy

Trend Indicators

Header Sell Neutral Buy Action
Moving Averages

-

-

100%

Strong Buy
Momentum Oscillators

-

20%

80%

Buy
Trend Oscillators

-

33%

67%

Buy
Volatility

-

-

100%

Strong Buy

Oscillators

Name Value Action
RSI(14)

70.710

Buy
STOCH(9,6)

46.833

Neutral
STOCHRSI(14)

99.780

Williams %R

-10.800

CCI(14)

152.5063

Buy
ROC

0.036

Buy
Ultimate Oscillator

55.600

Buy

Moving Averages

Period Simple Exponential
MA5

MA5

2388.32

MA10

MA10

2385.39

MA20

MA20

2381.19

MA50

MA50

2372.35

MA100

MA100

2365.66

MA200

MA200

2365.88

Pivot Points

Pivot Classic Fibonacci Camarilla Woodie's DeMark's
S3 2370.84 2377.07 2389.44 2371.80 -
S2 2377.07 2382.57 2390.76 2377.55 -
S1 2385.24 2385.97 2392.08 2386.20 2388.35
Pivot Points 2391.47 2391.47 2391.47 2391.95 2393.03
R1 2399.64 2396.97 2394.72 2400.60 2402.75
R2 2405.87 2400.37 2396.04 2406.35 -
R3 2414.04 2405.87 2397.36 2415.00 -

Gold Price Forecast For Next Week: Day By Day

Forecasts of gold quotations for the next week do not have a pronounced direction. A sideways trend is most likely. The asset will grow slightly or lose a little in price.

This moment is not the proper time to make investment decisions. Now there are no fundamental grounds for building up positions. At the same time, there are no factors that would clearly recommend selling gold. Such economic uncertainty is caused by high market volatility.

Date Min forecast price Max forecast price Change
17.06.2024 2258 USD 2496 USD +44.48 USD (1.87%)
18.06.2024 2238 USD 2474 USD -21 USD (-0.89%)
19.06.2024 2246 USD 2482 USD +8 USD (0.34%)
20.06.2024 2251 USD 2487 USD +5 USD (0.21%)
21.06.2024 2267 USD 2505 USD +17 USD (0.71%)
24.06.2024 2190 USD 2420 USD -81 USD (-3.51%)
25.06.2024 2207 USD 2439 USD +18 USD (0.77%)
26.06.2024 2233 USD 2468 USD +27.5 USD (1.17%)
27.06.2024 2210 USD 2442 USD -24.5 USD (-1.05%)
28.06.2024 2229 USD 2463 USD +20 USD (0.85%)
01.07.2024 2216 USD 2450 USD -13 USD (-0.56%)
02.07.2024 2241 USD 2477 USD +26 USD (1.1%)
03.07.2024 2219 USD 2453 USD -23 USD (-0.98%)
04.07.2024 2227 USD 2461 USD +8 USD (0.34%)
05.07.2024 2243 USD 2479 USD +17 USD (0.72%)
08.07.2024 2249 USD 2485 USD +6 USD (0.25%)
09.07.2024 2200 USD 2432 USD -51 USD (-2.2%)
10.07.2024 2160 USD 2388 USD -42 USD (-1.85%)
11.07.2024 2157 USD 2385 USD -3 USD (-0.13%)
12.07.2024 2165 USD 2393 USD +8 USD (0.35%)
15.07.2024 2200 USD 2432 USD +37 USD (1.6%)
16.07.2024 2190 USD 2420 USD -11 USD (-0.48%)
17.07.2024 2216 USD 2450 USD +28 USD (1.2%)
18.07.2024 2236 USD 2472 USD +21 USD (0.89%)

Gold Price Predictions For The Next 5 Years

According to gold price predictions for next 5 years, a decline in quotations is possible. This forecast is due to a number of negative factors. Among them is a drop in gold demand. Investors can be provoked to cool down by the desire for more predictable results.

An important role is played by the growth of key rates. Many Central Banks have made such a decision. This makes the yield on government bonds much higher than in 2020-2022. Investors can lock in the profits made during the rally of recent years. And allocate the free money into debt securities.

Another argument for the negative outlook for the future of gold is the growth of the DXY index. Strengthening of the dollar always leads to a decrease in the quotations of precious metals.

Most analysts do not recommend building up positions in gold. In any case, investors with an investment horizon of 3-5 years.

Date Min forecast price Max forecast price Change
01.12.2024 2335.573 USD 2347.014 USD +8.77 USD (0.37%)
01.12.2025 2421.114 USD 2432.892 USD +85.71 USD (3.53%)
01.12.2026 2506.770 USD 2517.555 USD +85.16 USD (3.39%)
01.12.2027 2592.247 USD 2602.620 USD +85.27 USD (3.28%)
01.12.2028 2677.879 USD 2686.425 USD +84.72 USD (3.16%)
01.06.2029 2759.680 USD 2767.819 USD +81.6 USD (2.95%)

Gold Price Prediction 2024

Leading analysts expect that gold prices will soon retreat from historical highs. Below is the average price for 2024 according to experts from various financial companies:

  • $1,950 - the World Bank;
  • $2,133 - Goldman Sachs;
  • $2,000 - ABN AMRO;
  • $2,200 - UBS;
  • $2,300 - TD Securities.

Specialists at UOB hold a contrary view. They are confident that in 2024, gold prices will continue to rise and reach a new historical high. BeatMarket experts also do not anticipate a price decline.

The high cost of gold results from several factors:

  • actions of central banks from various countries, which are increasing their gold reserves;
  • interest from investors seeking a safe-haven asset for their capital;
  • activity of speculators.

If the Federal Reserve lowers interest rates, the outlook for the gold market is bullish. Prices could reach $2,500 per ounce.

Date Min forecast price Max forecast price Change
01.08.2024 2335.717 USD 2357.055 USD +13.87 USD (0.59%)
01.09.2024 2334.640 USD 2358.698 USD +0.28 USD (0.01%)
01.10.2024 2333.926 USD 2343.064 USD -8.17 USD (-0.35%)
01.11.2024 2338.396 USD 2342.237 USD +1.82 USD (0.08%)
01.12.2024 2335.573 USD 2347.014 USD +0.98 USD (0.04%)

Gold Price Prediction 2025

In 2025, gold prices will heavily depend on the monetary policy of the Federal Reserve System. Some experts anticipate a decline in the cost of gold. For example, The World Bank has set a target price of $1850.

Negative forecasts are based on the assertion that the market always tends towards the average price. After reaching new historical highs, there is typically a pullback in prices.

The Economy Forecast Agency believes that in 2025, gold will trade in the range of $2,800-$3,200. This forecast reflects expectations of a Federal Reserve rate cut. If this occurs, investors will seek higher-yielding assets, and their interest in gold will increase further.

BeatMarket experts maintain a "middle ground" stance. In our view, there are no fundamental reasons to expect a fall in gold prices. However, the potential for growth is limited by strict monetary policy.

Date Min forecast price Max forecast price Change
01.01.2025 2349.209 USD 2378.027 USD +31.1 USD (1.32%)
01.02.2025 2379.425 USD 2399.287 USD +25.74 USD (1.08%)
01.03.2025 2401.085 USD 2413.458 USD +17.92 USD (0.74%)
01.04.2025 2414.493 USD 2429.899 USD +14.92 USD (0.62%)
01.05.2025 2415.967 USD 2426.316 USD -1.05 USD (-0.04%)
01.06.2025 2395.425 USD 2425.549 USD -10.65 USD (-0.44%)
01.07.2025 2394.089 USD 2419.808 USD -3.54 USD (-0.15%)
01.08.2025 2420.856 USD 2441.993 USD +24.48 USD (1.01%)
01.09.2025 2420.027 USD 2444.184 USD +0.68 USD (0.03%)
01.10.2025 2419.411 USD 2428.431 USD -8.18 USD (-0.34%)
01.11.2025 2423.852 USD 2427.703 USD +1.86 USD (0.08%)
01.12.2025 2421.114 USD 2432.892 USD +1.23 USD (0.05%)

Gold Price Prediction 2026

Goldman Sachs predicts gold prices at $1,971 per ounce. However, most analysts give a more optimistic forecast:

  • up to $2826 - by the service Long Forecast;
  • up to $3,012 - by the platform Coin Price Forecast;
  • $2600-$2800 - by Gary S. Wagner from Fxempire.

The first two forecasts for gold in 2026 are made using mathematical models based on data from past years. The third takes into account fundamental factors but is made with the assumption that inflation and the Federal Reserve rate will return to the 2-3% level.

BeatMarket experts consider forecasts below $2000 overly pessimistic. In our view, bullish factors are affecting gold. Even in a negative scenario, prices will not fall below $2400.

Date Min forecast price Max forecast price Change
01.01.2026 2433.858 USD 2463.056 USD +115.94 USD (4.74%)
01.02.2026 2464.387 USD 2483.942 USD +25.71 USD (1.04%)
01.03.2026 2485.976 USD 2498.426 USD +18.04 USD (0.72%)
01.04.2026 2500.410 USD 2515.093 USD +15.55 USD (0.62%)
01.05.2026 2501.642 USD 2511.442 USD -1.21 USD (-0.05%)
01.06.2026 2480.839 USD 2511.437 USD -10.4 USD (-0.42%)
01.07.2026 2479.677 USD 2504.933 USD -3.83 USD (-0.15%)
01.08.2026 2508.394 USD 2528.417 USD +26.1 USD (1.04%)
01.09.2026 2506.205 USD 2529.509 USD -0.55 USD (-0.02%)
01.10.2026 2505.093 USD 2513.684 USD -8.47 USD (-0.34%)
01.11.2026 2509.398 USD 2513.079 USD +1.85 USD (0.07%)
01.12.2026 2506.770 USD 2517.555 USD +0.92 USD (0.04%)

Gold Price Prediction 2027

At the end of the five-year cycle, experts forecast a wave of growth in gold quotations. Such optimism is due to:

  • expectations of strengthening industrial demand;
  • planned termination of the key rate hike cycle;
  • persistence of inflation risks.

Quotes will be supported by the build-up of the U.S. government debt and related concerns.

Expert target prices range from $2,328 to $3,291. The lower levels are forecasted in the event of prolonged high interest rates and economic recession. The higher figures will be achievable in the event of a bull market and a relaxation of monetary policy.

Date Min forecast price Max forecast price Change
01.01.2027 2518.906 USD 2548.090 USD +200.98 USD (7.93%)
01.02.2027 2549.387 USD 2568.509 USD +25.45 USD (0.99%)
01.03.2027 2570.765 USD 2584.357 USD +18.61 USD (0.72%)
01.04.2027 2585.111 USD 2600.426 USD +15.21 USD (0.59%)
01.05.2027 2586.926 USD 2597.124 USD -0.74 USD (-0.03%)
01.06.2027 2567.122 USD 2597.240 USD -9.84 USD (-0.38%)
01.07.2027 2565.007 USD 2588.942 USD -5.21 USD (-0.2%)
01.08.2027 2592.572 USD 2613.598 USD +26.11 USD (1%)
01.09.2027 2591.527 USD 2614.686 USD +0.02 USD (0%)
01.10.2027 2590.394 USD 2599.456 USD -8.18 USD (-0.32%)
01.11.2027 2595.027 USD 2598.376 USD +1.78 USD (0.07%)
01.12.2027 2592.247 USD 2602.620 USD +0.73 USD (0.03%)

Gold Price Prediction 2028

Experts differ widely in their predictions for gold prices in 2028:

  • Wallet Investor experts believe that the maximum price of an ounce will reach $2260;;
  • Gov Capital analysts promise a rise in value to a range of $7726-$10450;;
  • BeatMarket experts find real levels of $3500-$5000..

BeatMarket authors are moderately optimistic in gold price predictions for next 5 years. We believe that the cycle of interest rate reductions will shortly begin. In case of dollar weakening, gold will get strong support. Improving the macroeconomic situation will also have a positive impact on the market.

There is not a single reputable forecast of a sharp fall in the price of gold. On the 5-year horizon, the asset can be used to maintain and increase capital.

Date Min forecast price Max forecast price Change
01.01.2028 2607.186 USD 2634.410 USD +288.28 USD (11%)
01.02.2028 2634.566 USD 2655.887 USD +24.43 USD (0.92%)
01.03.2028 2657.215 USD 2670.212 USD +18.49 USD (0.69%)
01.04.2028 2674.265 USD 2686.243 USD +16.54 USD (0.62%)
01.05.2028 2672.393 USD 2683.047 USD -2.53 USD (-0.09%)
01.06.2028 2651.739 USD 2682.335 USD -10.68 USD (-0.4%)
01.07.2028 2650.510 USD 2676.677 USD -3.44 USD (-0.13%)
01.08.2028 2677.575 USD 2699.734 USD +25.06 USD (0.93%)
01.09.2028 2677.077 USD 2700.461 USD +0.11 USD (0%)
01.10.2028 2675.841 USD 2685.130 USD -8.28 USD (-0.31%)
01.11.2028 2680.537 USD 2684.199 USD +1.88 USD (0.07%)
01.12.2028 2677.879 USD 2686.425 USD -0.22 USD (-0.01%)

Long Term Gold Forecast From 2030 to 2050


The answer to the question of whether gold prices are expected to rise is positive. In the long term, all analysts predict a renewal of historical highs. Some experts assure that the cost of an ounce will reach five-digit values by 2050.

The main stimulating factors will be inflation and the increase in the money supply. The metal is not being mined at the same rate as cash.

Falling industrial gold demand may curb growth slightly. But on a long time horizon it will not appear to be crucial.

The World Gold Council could limit supply in case of strong pressure on quotations. But, most likely, this will not be necessary. The key factor will be purchases by Central Banks and institutional investors. No long-term falling interest can be expected from this side. Investing in gold is the way to de dollarisation and preserving the purchasing power of capital.

Gold forecasts for the next 10 years

Ten years is a sufficient period of time to expect an unconditional growth of quotations. During this period, there may be intervals when gold will become cheaper. But these losses will be noticeable only at a certain moment. At the end of the decade, a positive result is expected.

There are forecasts that gold production will begin to decline from 2028. This will be an important factor for the quotations growth in the second half of the decade. But the main driver, which cannot be doubted, is the increase in money supply.

There is no reason to believe that the leading countries will reconsider their approach to issuance. Besides, constant inflation is an integral part of a functioning financial system. As long as gold is seen as a defense against it, the quotations of the asset are growing.

Gold Price Prediction 2030

Experts give different forecasts for the price of gold in 2030. The most optimistic of them - a level close to $7000 per ounce. This prediction is posted on LBMA website. Others are more cautious and cite less impressive figures.

But all factors point to the fact that in 2030 quotes will be significantly higher than the current ones. As already mentioned, the expected reduction in production will have a strong effect. Other factors will also push prices upwards:

  • speculative activity of investors;
  • uncertainty on stock markets;
  • depreciation of world currencies.

There is a probability that another crisis will occur in 2030. It will collapse quotations of all assets. But it is unlikely to affect gold in such a way that it will be cheaper than the current levels.

One of the most popular gold prices forecasts is in the range of $4,197 to $4,381 by 2030. This estimate is based on the current growth rate of the value of the yellow metal. If bullish factors weaken, the prices in 2030 could fall below $4,000.

Gold Price Prediction 2040

By 2040, experts predict even greater growth in quotations. The main drivers are all the same reasons:

  • growth of the U.S. government debt;
  • investors' desire for more solid assets than the US dollar;
  • inflationary pressure;
  • decline in production and proven reserves.

On such long horizons, it's hard to predict exact numbers. But analysts agree the long-term trend will be upward. The only difference is the forecasts on the rate of increase in quotations.

The price in such forecasts is at the level of:

  • minimum - $2500;
  • average - more than $16,000;
  • maximum - $40,500.

Among the most authoritative sources are the World Gold Council. Its experts forecast a level around $3,000 per ounce. BeatMarket analysts take a more optimistic view. We estimate the cost to be above $4,500.

The question is not whether gold prices are expected to grow. It is whether this growth will be strong enough. Or, despite the increase in quotations, there will be more profitable assets.

The minimum forecast is based on the scenario of the second half of the 20th century. After the historical highs of the 1980s, prices remained in a sideways trend for a long time. However, BeatMarket experts believe that such a situation will not repeat. The current value of gold has fundamental justifications; it is not the result of speculative actions.

In our view, five-figure sums seem overly optimistic. Such a scenario is only possible in a situation of high inflation over several decades.

Gold Price Forecast 2050

In the long term, all analysts expect gold prices to rise. Even the most modest forecasts promise five-digit sums. More optimistic ones promise a 10+ fold price hike. The maximum figure, mentioned by experts, is $52,000.

The most pessimistic outlook is posted on linkedin. The price is expected to reach $6,000 by 2050. BeatMarket analysts consider these numbers to be under-reported. We expect the quotes to at least exceed the $10000 threshold.

A long period of quotation stagnation is possible on the metals market. Despite this, the results on a long horizon are impressive:

  • over the 10 years from 2012 to 2022, the average annual price of an ounce increased by less than 10% ;
  • over the period from 1972 to 2022, gold rose in price 31 times;
  • between 1922 and 2022. - 87 times.

Past performance cannot be a guarantee of future returns. But the factors that pushed prices up earlier are still significant.

Based on the results presented above, five-figure forecasts for gold appear justified. Prices may once again enter a sideways trend. However, several decades is a sufficient period. There is a high probability that during this time, the market will experience several bullish cycles.

Factors affecting the gold price

Inflation

Buying gold to preserve capital is popular investment advice. But in the long run, the correlation between inflation and the price of an ounce is weak. Quotes rise when high inflation is combined with distrust in the market. During economic upturns, gold is an unattractive investment. Even when these times are accompanied by high inflation.

Currency fluctuations

There is a long-term inverse correlation between gold prices and the DXY index. When the dollar falls relative to the rest of the world's currencies, US domestic prices rise. This is true for both consumer goods and exchange traded goods.

With a strong dollar, there is pressure on the quotations of the yellow metal. In such periods, investors are less interested in buying it.

Geopolitical uncertainty

Many traders perceive gold as a protective asset. During periods of aggravation of the geopolitical situation, there is an increasing interest in it. Investors seek to shift capital from paper assets to real ones.

Interest rates

When bond yields rise, gold prices will be in a downtrend. At best, a sideways trend is possible. This is due to the fact that the metal does not bring passive income. At high interest rates, risk-free investments ( treasuries) are preferable. During the period of low interest rates, investment demand for gold increases. This means its price is also increasing.

Supply constraints

The gold production level is a fairly constant value. It is not possible to increase it quickly. Demand can change almost instantly.

The main influence is exerted by the Central Banks of different countries, IMF, large mutual funds. Many countries are striving for dedollarization and building up gold reserves. This will push the price of an ounce upwards in the coming years.

Is gold a good investment

Short-term

(1-6 month)

Technical indicators and market sentiment are on the bullish side. The August forecast for gold prices in 2023 is positive. The ounce value is expected to rise steadily in the near term. This is a proper period to capitalize on the rally. Though usually this asset is recommended mainly to long-term investors.

Medium-term

(6-12 month)

On the horizon of 6-12 months the growth of the ounce value is expected. It is caused by investors' fears and actions of the Central Banks of the leading countries. According to the gold price forecast, the moment is proper for building up positions. But it is required to observe risk management. The situation in the markets is constantly changing at a rapid pace.

Long-term

(1 year+)

Gold is always considered a proper asset for long-term investments. The longer the investment period, the higher the final return. Currently, the price has decreased relative to the historical maximum. This makes it a proper time to build up positions. Fundamental factors indicate that strengthening of bulls is expected.

FAQ

Is it worth buying gold now to sell in 2025?

Such an investment will be reasonable if the rising rate cycle is quickly completed. Experts believe that the price will increase by 1.5-4 times. The most negative forecasts promise to keep quotations at the current level. Therefore, there is no reason to believe that investing in gold will be unprofitable. But it can bring less income than some other stocks.

How will the ounce price change in the second half of 2023?

In the second half of 2023, quotations will move sideways. They are under the pressure of negative factors. If bond yields continue to rise, a bearish trend may be formed. The rate's growth is counteracted by the demand for gold from institutional investors. If geopolitical tension intensifies, a bullish reversal is expected. It can lead to the renewal of historical highs.

How profitable will gold investments be in the next 5 years?

Experts differ greatly in their forecasts. In a negative scenario, investors will earn 5-10% at the end of 5 years. The most optimistic options guarantee a profit of 700-800%. The most probable scenario is a moderate one with a return of 20-25% per annum. One should also be aware of volatility. There is a high chance that quotations will peak in 2026-2027. This will be followed by a bearish market phase.

How do you realize that investing in gold at the moment is advisable?

It all depends on the investment horizon. When it comes to decades, the best option is the dollar averaging strategy. It does not involve any attempts to guess the best entry point. You should make purchases at regular intervals. With short horizons, it is advisable to consider the technical indicators. Investors' expectations about the stock market also play an important role.

Can gold depreciate completely?

The probability of such an event happening is negligible. There is industrial demand for gold. It is also in demand by jewelers. For this metal to cease to be valued, a complete restructuring of human society is necessary. It is possible that the price will remain at the same level for a long time. For example, from 2012 to 2022, quotations did not update the historical maximum.

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