Latest Gold Price Forecast & Predictions
Gold Price Now:
USD
$4,007.11
-17.55
-0.44%
Recent Changes
| Period | 2 Days | 3 Days | 1 Week | 2 Weeks | 1 Month |
|---|---|---|---|---|---|
| Change | -0.25% | -0.25% | -0.26% | -2.93% | -3.57% |
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: March 18, 2026
Gold Forecast Short Term
Bearish
Price Drivers for next 6 weeks:
us dollar, Iran conflict, geopolitical uncertainty, inflation reportGold Forecast 1 Year
Bullish: $5,650
Medium-term price drivers:
weaker US dollar, economic uncertainty, inflation, geopolitical uncertainty, fiscal concernsGold Forecast 3 Years
Bullish: $7,275
Long-term price drivers:
US dollar, Central Bank buying, de-dollarization, geopolitical uncertainty, fiscal concerns/debtFeatured Gold Price Forecasts
The recent price action in precious metals has been surprising, considering the weaker dollar and the massive downside surprise in June CPI.
In my view, those developments alone should have propelled gold easily above $4,100. So, what drives the current weakness? My best guess is renewed tensions with Iran.
Our Gold Cycle Indicator remains deeply oversold, and I continue to believe we are approaching an important cycle low. It would take a sustained breakdown below $3,900 to support the more bearish downside target of $3,500—a scenario I still view as the less likely outcome.
Our Gold Cycle Indicator is at 16; the most oversold since late 2022.
US DOLLAR: The dollar fell sharply after Tuesday's weaker-than-expected CPI report (-0.4%) and retested support near 100.50. Under normal circumstances, that kind of dollar weakness should have sent gold comfortably above $4,100, but it didn't, which I viewed as a red flag.
...
Since my prior article, Gold dropped to lower lows for the swing into late-June, before forming a key low at the 3955.40 figure (August, 2026 contract). This trough was right into the expected window of mid-June to mid-July, noted as an ideal bottoming range for the combination of 34, 72 and 154-day time cycles.
Gold's Near-Term View
For the very short-term, one of the key cycles that we track is the 34-day wave in Gold, which is shown on the chart below:
From my 6/11/26 article: "it was the 5/18/26 reversal below the 4510.10 figure (June contract) which confirmed a turn south in our 34-day cycle. In terms of time, this 34-day wave was projected lower into the mid-June timeframe or later, where it should bottom our...
More Gold Price Forecasts
Metals and mining stocks are bottoming within our ideal target zones, helped by Tuesday's lower-than-expected CPI report. Some cycle lows develop quickly, producing sharp V-shaped recoveries. More often, however, the bottoming process unfolds over several weeks before...
Gold reached oversold levels last month, not seen since 2022, prompting us to alert members of an impending bottom as prices entered our ideal target zones.
Precious metals and miners are trading within our ideal target zones, and we expect a meaningful bottom to form any day. I'll be watching the price action closely surrounding Thursday's payroll report and, more specifically, around July 7th for a bottom in silver.
The dust has now settled after last week’s Federal Reserve meeting, and the U.S. dollar’s move above 101 appears to be driving the final leg lower in precious metals into July.
The recent action in Gold has seen the metal continuing to break south, though is moving into the range where a mid-term trough is expected to form. Once this low is in place, a very sharp rally is expected to develop in the months to follow.
After a brief rebound, metals and miners turned lower following Wednesday's hawkish Fed announcement, potentially setting up a final breakdown into our mid-year target zones. The dollar is the key driver going forward. A sustained breakout above 101 could open the door...
Precious metals and mining stocks are showing signs of bottoming near our mid-year target zones. On Wednesday, our Gold Cycle Indicator registered a reading of 33—its lowest level since October 2023, when gold was trading just above $1,800.
Precious metals are approaching our mid-year target zones, and we expect a bottom to form within the next few weeks. If gold continues to track the 2006 analog, the current uptrend should resume in July, potentially paving the way for a multi-year rally that could...
The most recent action in Gold has seen the metal breaking firmly lower, with the metal ideally heading into a mid-term trough in the coming weeks. With that, we can take a quick look at the current position of the Gold cycles.
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...
A gold nugget can be worth three to four times the value of the gold it contains because they are so rare.
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