Latest Gold Price Forecast & Predictions
Gold Price Now:
USD
$2,936.00
0.00
0.00%
Recent Changes
| Period | 2 Days | 3 Days | 1 Week | 2 Weeks | 1 Month |
|---|---|---|---|---|---|
| Change | 0.00% | +0.24% | +1.24% | +1.99% | +5.93% |
Gold Price Forecasts - Analyst Predictions
Gold-Eagle has been analyzing gold markets and publishing gold price forecasts for over 23 years. Our staff and contributing analysts include world reknowned precious metal experts and market analysts. The gold price forecast data below represents the average predictions of a diverse panel of expert gold market analysts. Their assessments of gold price trends are based on a variety of methods including: expert technical analysis, market fundamentals, current market sentiment, and an analysis of global economic and political events. Bookmark and/or link to this page to check back every week. Updated every Monday am.
Last Updated: February 07, 2025
Gold Forecast Short Term
Sideways
Price Drivers for next 6 weeks:
resistance at $3,000, markets & geopolitical uncertaintyGold Forecast 1 Year
Bullish: $3,550
Medium-term price drivers:
US dollar, bear market in stocks and recession, investor sentimentGold Forecast 3 Years
Bullish: $5,500
Long-term price drivers:
US dollar, trade wars, central bank monetary debasement, geopolitical uncertaintyFeatured Gold Price Forecasts
The gold price hit a new record high this week, rising up to $2,942 in the spot market on February 10. Gold is now up 11% for the new year, after rising over 27% in 2024.
After such a run, with gold just below the key $3,000 per ounce level, one might wonder if the market is close to forming a top.
In this instance – incredibly – we still do not see signs of a top. In fact, numerous sentiment indicators suggest gold still has further room to run in 2025 - 2026.
Gold New Record… But Sentiment Subdued
Below we show the gold price on top, with interest in the exact phrase “gold price” shown immediately below it, from 2020 through present.
Note how gold consolidated from 2020 – 2024 between $1,680 - $2,075 per ounce, before finally breaking out in March 2024 (red highlight).
Since breaking out, gold has advanced over $800 or 40% to the recent price of $2,942.
However, note that below the gold price, interest in the very phrase “gold price” as measured by Google Analytics remains 25% below the level that was witnessed at the 2020 peak.
What this means is that gold is advancing via high-powered buying, mostly coming from world central banks and sovereign wealth funds. Meanwhile, the average...
As we move into the year 2025, I thought it would be a good idea to take a look at the configuration of the time cycles, for both the Gold market - as well as for U.S. stocks.
Gold, Short-Term
For the very short-term, until proven otherwise the upward phase of a dominant 10-day wave is seen as in force in the Gold market, with that cycle shown below:
In terms of time, this 10-day wave is next projected to bottom in the coming days, with any reversal below the 2874.20 figure (April, 2025 contract) being the best confirmation it has peaked. In terms of price, that action would put the 10-day moving average as the ideal magnet, though with the potential for additional weakness through the same.
Stepping back further, of more key focus now is the bigger 72-day wave. As per my last article back in December, this 72-day cycle was confirmed to have bottomed out back in mid-November of last year, and with that was favored to push higher into the mid-January to early-February timeframe - which we are now into. ...
More Gold Price Forecasts
Gold skyrocketed to new all-time highs amid rising concerns over tariffs. Stockpiling in New York led to shortages in London ahead of Saturday's announcement. Since the November election, traders have moved (repatriated) nearly 400 metric tons into New York.
Gold is nearing its October high, and prices could move quickly towards $3,000. Silver is on the verge of a significant breakout, with the potential for a swift rally through $35.00. Gold miners have underperformed gold for years, but with prices still depressed, we...
With U.S. markets closed on Monday, January 20th, for Martin Luther King Jr. Day and Trump's inauguration, traders are positioning themselves ahead of the long weekend. Gold is experiencing a rally as investors hedge against potential market fluctuations.
Metals and miners saw a significant rally on Thursday, signaling the possibility of a cycle low. A strong close to the week would further support a bullish outlook.
In light of the recent market action, I wanted to post another update on the Gold cycles positioning - which are offering up a mixed picture, near-term.
Gold has had quite a run for 2024, up over 25% year to date as this article is going to press in late-December. Will the advance continue in 2025? Or will the new year see a reversal for gold prices after 2024’s strong performance?
Gold tested crucial resistance around $2,760 and then reversed sharply. Unless there’s a rapid shift, this likely signals the end of the current rebound. Silver stalled above $33.00 on Thursday, and the likelihood now leans towards a secondary decline towards $28.50...
With the most recent market action, I wanted to post a quick update on the Gold cycles, then to take a detailed look at the U.S. stock market.
As mentioned in my prior articles, Gold was in the range where a key peak was expected to form, and with that was due for a sharp correction, first with a tracked 72-day wave, but ideally also with a larger 310-day component. Having said that, a sharp, short-term...
Gold Price Forecast FAQ
How do you forecast the price of gold?
Predicting gold prices can be said to be both a science and an art. For example, analysis of gold supply and demand is scientific and completely objective whereas aspects of technical and sentiment analysis of the current gold market can be more of an art as it relies on the skills and perspective of the gold analyst.
Generally speaking, when the focus of the gold forecast is longer term then analysis of the fundamentals, ie scientific analysis, comes to the fore.
For shorter-term predictions of gold prices, the price of gold in the coming weeks and perhaps few months, technical analysis of past and current gold prices, market trends, as well as current market sentiment can be more actionable predictors. Here, the fundamentals can still play a role but generally serve more as background details.
What are the key factors for long term gold forecasts?
When forecasting what may happen to the price of gold longer term, there are many things to consider including economic trends, the impact of current and expected monetary policy, QE, debt monetization, and the aggregate impact on future currency valuation.
Does the price of gold go up when the stock market goes down?
The price of gold is often negatively correlated to the stock markets. When the markets go down, gold prices usually go up. However, this is not always true. Sometimes the price of gold and stocks both go up and down in unison. Fundamental factors play an important role and need to be carefully analyzed. Historically, however, the price of gold is not tied to the fluctuations of stock and bonds. This is one of the chief reasons when one should have gold in their portfolio – to protect the long-term value of your investments.
Does the value of the US dollar predict the price of gold?
As gold is traditionally quoted in US dollars, the price of gold is negatively correlated to the strength of the USD. The weaker the US dollar, the cheaper it is to purchase gold. Therefore, if economic factors predict a strengthening of the US dollar then this will tend to drop the price of gold, and vice-versa. According to the statistics (since 1973), the long-term correlation between the U.S. dollar index and the gold prices is -0.6 so this link is quite strong.
How do US interest rates impact future gold prices?
The level of US interest rates is an important driver of future gold prices. When investing in gold, the investor is faced with the opportunity cost of gold - a non-interest bearing asset. The higher the US interest rate for holding US dollars or investing in Treasuries, the higher the opportunity cost of holding gold. It is more likely, therefore, that a rally in the price of gold will be forecasted the lower the US benchmark interest rate.
Gold Forecast Analysts
Technical Analysis Expert & Editor @ GoldPredict.com
AG Thorson is a registered CMT through the MTA and an recognized expert in technical analysis of the precious metals markets. He is also the Editor of GoldPredict.com where members receive daily updates and regularly scheduled reports 3-days a w More...
Chief Analyst & Founder @ iGold Advisor
Christopher Aaron began his career as an intelligence analyst for the CIA and Department of Defense. He served two tours to Afghanistan and Iraq between 2006 - 2009, conducting pattern-of-life mapping for military leaders.Mapping shares similarities More...
CFA, Editor & Founder @ Sunshine Profits
Przemyslaw Radomski, CFA, is the founder, owner and the main editor of SunshineProfits.com. You can reach Przemyslaw at: http://www.sunshineprofits.com/help/contact-us/. More...
In the Aztec language the name for gold is teocuitlatl which means "excrement of the gods."
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