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UPdate: These 33 Analysts See Gold Going as High As $35,000 By 2032

Many gold bullions brighting on the table.

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An Introduction

The following 34 analysts are predicting that gold will reach anywhere from $3,000 per troy ounce to $35,000 between 2025 and 2032. That being said, however, long-term gold price predictions are highly speculative and subject to numerous unpredictable factors, such as:

  1. a weakening USD
  2. increased global economic uncertainty,
  3. geopolitical tensions, particularly in the Middle East,
  4. monetary policy shifts, including interest rate cuts by major central banks,
  5. growing investor risk aversion and
  6. expectations of continued economic stimulus measures

Below are their predictions:

  1. $3,000
    • Bank of America, Citi, Rosenberg Research and Yardeni Research all predict $3,000 in 2025 (Source)
    • Taki Tsaklanos has a gold price target of $3,100 in 2025 (Source)
    • Trevor Gerszt believes $3,000 gold in 2025 is not outlandish. (Source)
    • Kirk Spano predicts $3,000 in 2025 with upside potential to $5,000 (Source)
    • Jeff Clark sees a potential high of $3,000 to $10,000 in 2025 (Source)
    • Nouriel Roubini believes gold will be over $3,000 by 2028 (Source)
    • Shaun Djie believes gold could trade between $3,000 or $4,000 by 2029 (Source)
    • Thomas Kaplan believes gold could go to $3,000 to $5,000 by 2030 (Source)
  2. $4,000
    • Jason Hamlin expects to see gold between $4,000 and $8,000 in 2025 (Source)
    • Taki Tsaklanos has a gold price target of $4,000 by 2026 (Source)
    • Ted Oakley predicts $4,000 by 2029 (Source)
    • Greg Weldon sees a potential upside target of $4,900 for gold by 2027 (Source)
    • Rick Rule believes it is very likely that gold will reach $4,000 to $6,000 by 2027 (Source)
  3. $5,000
    • Dan Popescu believes Gold could break above $5,000 in 2025 Source
    • Michele Schneider believes a trip to $5,000 in 2025 is not outlandish. (Source)
    • Taki Tsaklanos has a gold price target of $5,000 by 2030 (Source)
    • Ralph Wakerly believes gold could reach $5,000, maybe more, between 2025 and 2028 (Source)
    • David Morgan believes gold could hit $5,000 by 2029 (Source)
    • Brian Whitfield believes gold should be trading between $3000 – $5000 in 2030 (Source)
    • Moe Zulfiqar believes it wouldn’t be shocking to see gold at $5,000, or more, by 2030 (Source)
  4. $6,000
  5. $7,000
    • Charlie Morris has a bullish target of $7,166 by the end of 2029 (Source)
    • Chris Vermeulen: believes gold could go up to $7,400 by 2027  (Source)
  6. $8,000
    • Florian Grummes believes we could see gold at $8,000 to $9,000 between 2025 and 2030 (Source)
    • Jan Nieuwenhuijs predicts that gold might reach $8,000 by 2034 (Source)
    • AG Thorson sees gold hitting between $8,000 to $10,000 by 2030. (Source)
  7. $9,000
  8. $10,000
    • Taki Tsaklanos believes gold might rise to $10,000 by 2030 (Source)
    • Leigh Goehring has a target of $10,000-$15,000 by 2027-28 (Source)
  9. $20,000
    • Briton Hill: thinks we could  see $20,000 gold sometime between 2026 and 2031 (Source)
    • Frank Barbera sees potential for gold of $20,000 to $50,000 between 2032 and 2037. (Source)
  10. $25,000
    • Avi Gilburt thinks the math shows gold will surpass $25,000 by 2026 or later (Source)
    • Erik Lytikainen would not be surprised to see $25,000 gold by 2030  (Source)
  11. $27,000
    • Jim Rickards has estimated that gold could exceed $27,000 by 2026 (Source)
  12. $35,000
    • Stephen Leeb nominal target for gold is $35,000 by 2032 (Source)

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