Gold Price Could Hit $5,000 by 2030 – Here's Why

Gold heading for a multi-year bull run? Analysts are increasingly bullish. InvestingHaven’s research suggests gold could touch $3,100 in 2025, push toward $3,900 in 2026, and potentially reach $5,000 by 2030.

What’s driving this?

Inflation expectations are the main engine. Gold historically thrives when inflation concerns rise. Combined with:

• Steady M2 money supply growth
• Long-term bullish chart patterns (10-year cup-and-handle formation completed)
• Gold hitting new ATHs across ALL global currencies (a rare signal)
• Favorable EUR strength and Treasury dynamics

Wall Street agrees (mostly)

The consensus is narrowing: most major banks (Goldman Sachs, UBS, BofA, JP Morgan, Citi) are clustering predictions around $2,700-$2,800 for 2025. However, InvestingHaven sits more bullish at $3,100—betting on stronger inflationary pressures ahead.

Bloomberg’s range: $1,709-$2,727. Goldman: $2,700. ANZ: $2,805. Macquarie: $2,463-$3,000.

The catch?

The gold bull case breaks if prices drop below $1,770 and stay there (very unlikely scenario). Also, commercial traders hold extended net-short positions on COMEX, which could cap near-term upside.

Silver watch: Expect silver to lag gold early, then explode later in the cycle—typical pattern.

Bottom line: Structural conditions favor gold, but don’t expect a straight line to $5,000. Multi-year grind upward more likely than dramatic spike.