Gold continues to rise. When will it fall?

Let's review the five major gold crashes over the past 50 years

First Crash: September 1980 - June 1982

In less than two years, gold prices dropped by as much as 58.2%. To control inflation, countries like the US reduced gold demand. Additionally, as the oil crisis began to ease, the demand for safe-haven assets also declined, leading to a drop in gold prices.

Second Crash: February 1983 - January 1985

Gold prices fell by as much as 41.35%. At that time, the global economy was entering a period of significant easing. Developed countries' economies were gradually prospering, and risk events became fewer, resulting in decreased demand for gold and a decline in gold prices.

Third Crash: March 2008 - October 2008

Gold prices dropped by as much as 29.5%. With the successive outbreaks of the subprime mortgage crisis and the European debt crisis, funds were gradually withdrawn, causing sharp declines in both gold and silver prices. Additionally, the Federal Reserve began raising interest rates, making the situation even more dire for gold.

Fourth Crash: September 2012 - November 2015

Gold prices fell by as much as 39%. A large influx of funds entered the stock and real estate markets, leading to a noticeable decrease in demand for gold investments, and gold prices started to decline.

Fifth Crash: July 2016 - December 2016

Gold prices decreased by 16.6%. Investors anticipated a rate hike in the US, coupled with rapid global economic growth at the time, prompting many investors to sell off their gold holdings.

Let's predict: When will the sixth major gold crash occur?