Latest Gold Price Forecast & Predictions
Period | 2 Days | 3 Days | 1 Week | 2 Weeks | 1 Month |
---|---|---|---|---|---|
Change | -0.23% | +0.30% | +1.57% | +5.66% | +8.95% |
Gold Price Forecasts - Analyst Predictions
Gold Forecast Short Term
Gold Forecast 1 Year
Gold Forecast 3 Years
Featured Gold Price Forecasts
When gold broke decisively above $2,100 in March 2024, it signaled the start of the accelerated phase of this bull market. At the time, I projected a move to $3,000. That target was hit within a year, and gold hasn’t looked back since.
In April, our Gold Cycle Indicator hit its maximum bullish reading as gold reached $3,500. I anticipated a healthy 20% correction, but instead, prices simply consolidated—giving silver, platinum, and mining stocks room to play catch-up.
Nine months ago, gold miners looked like they might never turn the corner. Prices were deeply undervalued, and investor sentiment was dreadful. Fast forward to today, and the story couldn’t be more different, miners have been on a tear, with no signs of slowing down.
Now, with both gold and miners hitting fresh all-time highs, it's tempting to think the rally is unstoppable. But make no mistake: a pullback is coming. I can’t say exactly when, but history suggests it will be sharp and sudden. When it happens, our Gold Cycle Indicator will likely flash an oversold reading—setting the stage for the next major buying opportunity.
Jobless Claims
Initial claims surged to nearly a four-year high on Thursday, surpassing the previous peak of 260,000 set in June 2023. While these figures may be revised downward, a continued increase would be cause for concern.
As mentioned in my recent articles, Gold was seen as pushing higher overall into mid-to-late August, before dropping down to a secondary low into what now looks to be late- September. From there, a sharp rally of some 14-20% is favored to play out, lasting well into the Spring of 2026 - before forming a larger-degree peak.
Gold's 10-Day Cycle
As mentioned in my prior article (on 8/18/25), the last short-term bottom was expected to come from our 10-day cycle, which was in bottoming range at that time.
Here again is that 10-day cycle for Gold:
In terms of price, it was the 8/22/25 reversal above the 3405.00 figure (December, 2025 contract) which confirmed the upward phase of this 10-day cycle to be back in force. In terms of time, that action favored additional strength into last week - with the full potential for a test of the 3534.10 swing top to be seen.
With the above said and noted, our 10-day wave is now some 7 trading days along - which puts it in the back-end of normal topping...
More Gold Price Forecasts
A major gold breakout nears with big implications for investor psychology. Gold has spent recent months consolidating high, winding tighter in a bullish technical pattern that mostly resolves to the upside. Gold’s resulting new record highs will likely fuel...
In this video, I'm going to talk about my gold price forecast, or more so expectations for next year and into 2027. Now forecasts and predictions, I don't think they're really valuable or help people make
As mentioned in my last article in mid-July, Gold was looking for a rally to play out into August, before turning south for another low into the mid-to-late September timeframe. From there, a very strong rally is expected to play out, ideally lasting into early next...
The odds of a September rate cut are rising sharply following Friday’s surprisingly weak payroll report. The Bureau of Labor Statistics reported just 73,000 jobs added in July, with the unemployment rate ticking up to 4.2%. However, the biggest shock came from major...
As mentioned in past months, Gold formed a key peak back in mid-April, doing so at the 3537.80 figure (August, 2025 contract). From there, a correction was seen into mid-May, with the metal dropping down to an eventual low of 3151.20 - before consolidating the...
With the action seen in recent months, Gold formed a peak back in mid-April, doing so at the 3537.80 figure (August, 2025 contract). From there, a sharp decline was seen into mid-May, with the metal dropping down to an eventual low of 3151.20 - before rallying back...
A correction in gold and related assets could materialize once the dollar finds support, particularly if geopolitical tensions subside. Until then, the market remains vulnerable to volatility, and traders should approach with caution. Timing the turn won't be easy,...
The precious metals sector is showing increasing bullish momentum, with silver, platinum, and mining stocks breaking out in recent weeks. These moves point to a likely intermediate cycle low for gold on April 7th. If this cycle count is accurate, we’re now eight...
Gold surged from $2,100 to $3,500 in just over a year and is now undergoing a healthy correction. Historically, such overbought conditions often lead to pullbacks of 20% or more, supporting our $2,800 price target.
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.