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Will gold prices hit $8,900 by 2030? These factors can contribute to big rise in next 5 years
Will gold prices hit $8,900 by 2030? These factors can contribute to big rise in next 5 years

Time of India

time26-05-2025

  • Business
  • Time of India

Will gold prices hit $8,900 by 2030? These factors can contribute to big rise in next 5 years

NEW DELHI: Gold is experiencing a sustained upward trend, and could rise to $4,00 to 5,000 in the medium term, with a potential peak of $8,900 by 2030, driven by factors such as rising inflation, global economic uncertainty, as per reports. "The forecast corridor of $4,800 to $8,900 depends mainly on how inflationary the next five years will be," according to the "Gold We Trust Report 2025" by Liechtenstein-based investment firm Incrementum reports. These projections are based on comprehensive evaluation of various elements affecting gold, including central bank policies, inflation patterns, and international political situations. The report suggests that the current positive trend in gold is not temporary but indicates the start of a long-term movement, deserving serious consideration from investors. However, the document advises investors to be prepared for price adjustments, given gold's characteristic price fluctuations. Recent interest in gold stems from trade-related uncertainties; nevertheless, prices have declined following a substantial increase during January-April 2025, when values increased by 25 per cent. The analysis reveals that worldwide markets and family offices dedicate merely one per cent of their investments to gold and precious metals, placing it alongside specialist investments such as art, antiques, and infrastructure, significantly behind traditional options like private equity, real estate, and cash holdings. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 카니발 월 30만원대 2~5년 자유롭게 타다 위약금 없이 반납가능합니다! 오토모빌리티 더 알아보기 Undo Gold values are expected to increase, supported by various factors despite reduced demand for safe-haven assets and projected fewer interest rate reductions this year by the US Federal Reserve Bank, the Gulf News reported. Moreover, JP Morgan has recently forecast gold prices to reach $6,000 per ounce by 2029, representing an 80 per cent increase, reinforcing optimistic predictions for the precious metal. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now

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