Latest Gold Price Forecast & Predictions
| Period | 2 Days | 3 Days | 1 Week | 2 Weeks | 1 Month |
|---|---|---|---|---|---|
| Change | -0.57% | -1.63% | -4.31% | +1.24% | +8.90% |
Gold Price Forecasts - Analyst Predictions
Gold Forecast Short Term
Gold Forecast 1 Year
Gold Forecast 3 Years
Featured Gold Price Forecasts
Gold peaked one trading day after we issued our Blow-Off Top Warning.
A repeat of the 2006 pattern suggests a potential decline toward $3,500 in November.
Silver, platinum, and mining stocks are expected to follow gold lower, with each potentially collapsing to their 200-day moving averages over the next several weeks.
The Gold Cycle Indicator remains maxed out at 450, noting extreme overbought conditions. In this report, I present the worst-case scenario with targets for metals and miners, assuming they follow the 2006 playbook.
2006 Blow Off Top: During the 2006 blow-off top, gold prices jumped 36% in two months, only to retrace almost all of those gains in just over a month. If a similar pattern unfolds now, gold could correct back toward $3,500 by late November. Note how prices precisely tagged the 200-day MA.
With the action seen over the past week, Gold has continued to push to higher highs for the swing, with the metal running up to an early-Friday high of 4392.00 (December, 2025 contract) - before backing off the same into the weekly close. Short-term, the metal is positioned for what should be a countertrend correction.
Gold's 10-Day Cycle (Topping)
For the very short-term, we can take a look again at our smallest-tracked wave, the 10-day cycle in Gold:
This 10-day cycle is on the lookout for a correction in the coming days, with any reversal below the 4190.80 figure (December, 2025 contract) being the trigger for the same. In terms of price, taking out that number would put the 10-day moving average as a potential magnet, though more recent corrections with this cycle have managed to hold slightly above the same.
Until proven otherwise, the next correction phase of this 10-day wave could end up as another countertrend affair, due to the position of our larger 72-day cycle, which is the most dominant cycle in the Gold market. Having said that, there is some potential this bigger wave...
More Gold Price Forecasts
Gold prices have surged over 25% in less than two months, triggering a rare blow-off top warning. The last time we saw a similar setup was in 2006—once prices peaked, gold dropped nearly 25% within a month. Those warning signals are flashing again, suggesting an...
There have been a handful of sell-offs along this almost two-year-old gold and silver rally. But perhaps one of the most amazing features of the rally is how quickly the price has bounced back each time.
With the action seen in recent months, Gold has continued to play out with the bigger bullish trend, coming from the bigger four-year cycle. That trend is favored to hold up into early 2026, before topping the metal for a larger-degree decline into later next year...
While a top in gold doesn’t necessarily signal immediate weakness in silver, platinum, or mining stocks, they often follow gold's lead. That said, there are periods where gold consolidates while other metals and miners continue to rally.
Gold entered an accelerated uptrend in October 2023; prices are up 48% in 2025 marking the strongest annual gain since 1979. Our Gold Cycle Indicator is nearing extreme overbought conditions for the second time this year, and an intermediate peak is becoming likely...
The Fed delivered a 0.25% rate cut on Wednesday, and markets are now pricing in a roughly 92% probability of another cut next month, followed by a third in December (82.5%). However, easing policy while inflation remains elevated could prove to be a misstep—...
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.
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...
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...
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.














