Gold has surged approximately 60% in 2025 and is trading around $4,167 per ounce, with multiple institutional forecasts targeting significant upside.
– Goldman Sachs recently updated its forecast to $4,900 for December 2026.
– Analysts project targets at $5,000 (100% extension) and above $5,500 (161.8% extension) from July lows to October highs.
The long-term gold chart displays a powerful bullish trend, with the gold-to-inflation expectations ratio well above critical levels, supporting continued strength in the multi-year uptrend.