Gold (XAU) Price Forecast for Tomorrow, Next Week, and Years (2024-2035)
Gold Price Forecast: Gold has been considered a highly valuable commodity since ancient times, and its price is widely followed in financial markets around the world. Mostly quoted in US dollars (XAU/USD), the price of gold rises as stocks and bonds fall.
It is a precious metal, due to which it has always been considered a safe investment option. It is used by most traders to diversify their investment portfolios, as well as during periods of global economic stability.
In the long term, gold prices show an upward trend, which attracts investors. Because of this, it has been considered a golden option for the best long-term investment (5 to 7 years). Additionally, it is volatile, so it is also suitable for intraday speculative trading.
In this article, you will learn about the short-term and long-term price forecasts of gold, as well as the indicator-based technical analysis of XAU/USD for one day and the next week.
On this page, you will find the latest information about the current price of gold and forecasted prices for tomorrow, next week, and the coming years.
- Asset prices are updated every minute.
- Technical indicator data is updated based on a specific time frame.
- The price chart is updated every minute.
- Short-term and long-term gold price forecasts are updated automatically.
Watch the video summary of this article.
Indicator-Based Technical Analysis of XAU/USD
You can find better entry points through the indications of the technical analysis tools given below.
- “Sell” or “Strong Sell” means that most signals are bearish.
- “Buy” or “Strong Buy” means that most signals are bullish.
Keep in mind that signals may vary in different time frames. For short-term transactions, it is recommended to use settings ranging from 5 minutes to 2 hour. And if you want to hold Gold for more than a week, it is recommended to use settings ranging from days to weeks.
Gold (XAU) price forecast for tomorrow, this week, and this month
Forecasts indicate that XAU could be at $2152 tomorrow.
| Date | Weekday | Min | Max | Price |
|---|---|---|---|---|
| 06/02 | Monday | 3,101 | 3,427 | 3264 |
| 06/03 | Tuesday | 3,124 | 3,452 | 3288 |
| 06/04 | Wednesday | 3,112 | 3,440 | 3276 |
| 06/05 | Thursday | 3,075 | 3,399 | 3237 |
| 06/06 | Friday | 3,060 | 3,382 | 3221 |
| 06/09 | Monday | 3,121 | 3,449 | 3285 |
| 06/10 | Tuesday | 3,099 | 3,425 | 3262 |
| 06/11 | Wednesday | 3,123 | 3,451 | 3287 |
| 06/12 | Thursday | 3,180 | 3,514 | 3347 |
| 06/13 | Friday | 3,208 | 3,546 | 3377 |
| 06/16 | Monday | 3,173 | 3,507 | 3340 |
| 06/17 | Tuesday | 3,229 | 3,569 | 3399 |
| 06/18 | Wednesday | 3,174 | 3,508 | 3341 |
| 06/19 | Thursday | 3,085 | 3,409 | 3247 |
| 06/20 | Friday | 3,106 | 3,432 | 3269 |
| 06/23 | Monday | 3,048 | 3,368 | 3208 |
| 06/24 | Tuesday | 3,079 | 3,403 | 3241 |
| 06/25 | Wednesday | 3,079 | 3,403 | 3241 |
| 06/26 | Thursday | 3,168 | 3,502 | 3335 |
| 06/27 | Friday | 3,167 | 3,501 | 3334 |
| 06/30 | Monday | 3,116 | 3,444 | 3280 |
| 07/01 | Tuesday | 3,089 | 3,415 | 3252 |
| 07/02 | Wednesday | 3,067 | 3,389 | 3228 |
| 07/03 | Thursday | 3,091 | 3,417 | 3254 |
Long-Term Gold (XAU) Price Forecast 2024–2035
According to our long-term price forecast, XAU could reach $2,712 by the end of 2025, up 7% from today, $4,106 by 2030, and $6,001 by 2035.
| Year | Mid-Year | Year-End | Tod/End,% |
|---|---|---|---|
| 2025 | $3,457 | $3,820 | +16% |
| 2026 | $4,036 | $4,074 | +24% |
| 2027 | $4,341 | $4,604 | +40% |
| 2028 | $4,799 | $5,259 | +60% |
| 2029 | $5,311 | $5,789 | +76% |
| 2030 | $6,191 | $6,262 | +90% |
| 2031 | $6,281 | $6,472 | +97% |
| 2032 | $6,860 | $7,246 | +120% |
| 2033 | $7,630 | $7,936 | +141% |
| 2034 | $8,283 | $8,656 | +163% |
| 2035 | $8,779 | $8,858 | +169% |
| 2036 | $9,127 | $9,469 | +188% |
*Tod/End,%: The rise from today to year-end
Silver Price Prediction for 2024, 2025, and 2030
Silver (XAG) has emerged as a dynamic asset in the precious metals sector that has always attracted investors and analysts. Silver is a precious metal that is considered a safe haven asset, but it lags behind gold. READ MORE
Current XAU/USD Chart Online
What Factors Can Affect the Price of Gold (XAU) in the Future?
Key factors influencing gold (XAU) price
- Central Bank Reserves: The gold reserves available with the Central Bank affect the price of XAU. Central banks hold paper currencies and gold in their reserves. Apart from this, many of the world’s nations have reserves that are composed primarily of gold. Due to this, when this nation increases or decreases the storage of gold, the price of gold can increase or decrease.
- Currency changes: Gold is priced in US dollars, so fluctuations in the value of the dollar affect the price of gold. The value of the US dollar is typically inversely correlated with the price of gold. A weaker dollar often causes gold prices to rise, as it takes more dollars to buy the same amount of gold. On the other hand, a strong dollar brings down the price of gold and keeps its price under control.
- Gold Mining Supply: China, South Africa, the United States, Australia, Russia, and Peru are some of the major gold-producing countries. The production and supply of gold from mining operations around the world affect prices. Production directly affects the supply, due to which the price of gold can go up or down. Factors such as mining costs, exploration activities, and environmental regulations affect the overall supply of gold.
- Demand for Jewelry: Gold is widely used for making jewelry all over the world. In such a situation, if the demand for jewelry increases, then the price of gold also increases.
- Interest Rates and Central Bank Policies: Apart from this, changes in interest rates and monetary policies set by central banks affect the prices of gold. Low interest rates, especially if real interest rates are negative, make gold more attractive because it does not generate yield but is treated as a store of value.
- Inflation and Deflation: Inflation and deflation affect the price of almost every commodity, and gold is also one of them. Investors often buy gold to protect against inflation. In times of rising inflation, investors turn to gold to maintain purchasing power. On the contrary, gold loses some of its attractiveness during deflationary periods.
FAQs
What will Gold (XAU) be worth in 2025?
According to analysts, the XAU price could be $2,707 in 2025.
What is the gold (XAU) price forecast for the next 5 years?
According to moderately optimistic forecasts, the gold (XAU) price will be $3,778 in five years.
What is the gold (XAU) price forecast for the next 10 years?
According to long-term forecasts, the price of gold could reach $5,552 in ten years.
What will Gold (XAU) be worth in 2030?
According to analysts, the XAU price could be $4,097 in 2030.
Is Gold a good investment?
Gold is generally considered a safe investment, with most investors allocating at least a portion of their portfolio to gold, as its value increases when the value of paper investments such as stocks and bonds declines in the short term. Gold is more volatile. For those who want to preserve their assets, gold can be a good investment because when the value of the US dollar falls due to inflation and the real yield on the 10-year Treasury falls, the price of gold rises.
On the other hand, at times when other markets and economies are facing challenges, gold is generally seen as a safe haven for investors because, when we look at historical performance, gold has consistently outperformed during such times. It has been a good performer, so during times of inflation, gold is seen as a hedge against it.
Price Prediction Methodology
The following tools are used to make predictions:
- Technical analysis is the basic tool. This involves studying price charts and using indicators to forecast future price movements. The analysis was mostly done on medium- and long-term time frames for more accurate results.
- The likelihood, kind, and strength of a fundamental element that could affect the price are all assessed with the use of statistical methods.
- Predictive modeling uses statistical algorithms to forecast future prices based on historical data.
- Forecasts are based on consensus and expert opinion.
This article is intended for informational purposes only and does not constitute investment advice. Be aware of the high volatility of the commodity market and consider these risks when making investment decisions.
