Gold price forecast for 2026 and beyond

The gold price forecast on this page is not a promise or financial advice, but an estimate based on insights from renowned experts.

This forecast takes into account, for example, the analyses of renowned financial institutions such as Goldman Sachs, J.P. Morgan, and the World Gold Council (WGC).

The price of gold futures also provides an indication of market expectations.We regularly update the forecasts on this page based on new figures and the current economic situation.

Gold price forecast for 2026

The gold price is strongly influenced by factors such as inflation, interest rates, geopolitical unrest, confidence in the monetary system, and central bank policy.

Historically, the price of gold rises when inflation is high and confidence in traditional currencies declines. Experts expect the price of gold to rise in 2026, partly due to expected persistent inflation and global geopolitical and economic turmoil.

J.P. Morgan expects the price of gold to reach around $4,000 per ounce by mid-2026. By the end of 2026, the financial institution expects the price to rise to $4,250 per ounce. This means that the expected price of gold in 2026 will be no less than 35% higher than previously expected.

De goudprijs wordt sterk beïnvloed door factoren zoals inflatie, rente, geopolitieke onrust, vertrouwen in het monetaire systeem en het beleid van centrale banken.

Historisch stijgt de goudprijs wanneer inflatie hoog is en het vertrouwen in traditionele valuta afneemt. Voor 2026 wordt door experts een stijgende goudprijs verwacht, mede door verwachte aanhoudende inflatie en wereldwijde geopolitieke en economische onrust.

‍J.P. Morgan verwacht dat de goudprijs medio 2026 uitkomt rond de $4.000 per ounce. Tegen het einde van 2026 verwacht de financiële instelling dat de koers kan stijgen richting de $4.250 per ounce. Daarmee komt de verwachte goudprijs in 2026 maar liefst 35% hoger uit dan eerder werd verwacht.

Period

New estimate

Old estimate

Difference

2025

$3,365

$2,863

18%

Q1 2026

$3,840

$2,975

29%

Q2 2026

$3,840

$3,000

34%

Q3 2026

$4,160

$3,050

36%

Q4 2026

$4,250

$3,050

39%

2026

$4,068

$3,019

35%

Deutsche Bank also recently raised its forecast for the gold price to $4,000 per ounce in 2026 due to strong demand from central banks, a possible weakening of the dollar, and interest rate cuts.

PERIOD CURRENCY / WEIGHT TYPE

Long-term gold price forecast

The major financial institutions seem to be focusing their expectations mainly on the short term and can say little concrete about what the gold price will do after 2026 (e.g., in 2030, 2040, or beyond).

Long-term forecasts are also difficult due to the many unpredictable factors that influence the gold market, such as interest rate developments, inflation, exchange rates, and geopolitical tensions.

De grote financiële instanties lijken zich met hun verwachtingen vooral te richten op de korte termijn en kunnen nog weinig concreets zeggen over wat de goudprijs na 2026 (bijvoorbeeld in 2030, 2040 of daarna) zal doen.

‍Lange termijn voorspellingen zijn bovendien lastig door de vele onvoorspelbare factoren die de goudmarkt beïnvloeden, zoals renteontwikkeling, inflatie, wisselkoersen en geopolitieke spanningen.

Gold price forecast for 2030

Based on the average annual return on gold of 9% to 10% over the past 10 years, and taking the predicted gold price of $4,250 per ounce at the end of 2026 as a starting point, the gold price in 2030 could be between approximately $6,000 and $6,200 per ounce.

This calculation assumes that growth over the next four years will be comparable to the strong returns that gold has shown over the past ten years.

Als we uitgaan van het gemiddeld jaarlijks rendement van goud van 9% tot 10% over de afgelopen 10 jaar, en de voorspelde goudprijs van $4.250 per ounce eind 2026 als startpunt nemen, dan zou de goudprijs in 2030 kunnen uitkomen tussen ongeveer $6.000 en $6.200 per ounce.

Deze berekening gaat ervan uit dat de groei in de komende vier jaar vergelijkbaar is met het sterke rendement dat goud de afgelopen tien jaar heeft laten zien.

Gold price forecast for 2040

Assuming an average long-term return of around 7% per year, which is historically typical for gold, the price of $4,250 per ounce at the end of 2026 could rise to between $7,000 and $7,500 per ounce in 2040. gemiddeld lange termijn rendement van ongeveer 7% per jaa

What factors influence the gold price?

There are several factors that determine whether the price of gold rises or falls. As with other precious metals such as silver and platinum, supply and demand for the precious metal determine its price. If there is more demand for gold, the price rises. If demand for gold falls, the price falls.

The price of gold is strongly influenced by central bank policy. If inflation remains high and central banks raise interest rates, this has historically led to a lower gold price. Higher interest rates generally make saving more attractive and gold less so.

Er zijn verschillende factoren die bepalen of de goudprijs stijgt of daalt. Net als bij andere edelmetalen zoals zilver en platina, is de vraag en het aanbod naar het edelmetaal leidend voor de koers ervan. Is er meer vraag naar goud, dan stijgt de koers. Daalt de vraag naar goud, dan daalt de koers.

De goudprijs wordt sterk beïnvloed door het beleid van centrale banken. Als de inflatie hoog blijft en centrale banken hun rentes verhogen, werkt dit historisch gezien door in een lagere goudprijs. Hogere rentes maken sparen doorgaans aantrekkelijk en goud minder.

Conversely, lower deposit rates at central banks lead to greater demand for gold, which in turn causes the price of gold to rise, as was the case in 2024 and 2025.
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‍Geopolitical unrest also tends to lead to greater demand for gold, as investing in gold is seen as a safe haven. Because gold is traded worldwide in US dollars, the development of the dollar also influences the gold price.
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Gold and the US dollar often move in opposite directions. When the dollar strengthens, gold becomes more expensive for holders of other currencies. This reduces international demand for gold, often causing the price of gold to fall. Conversely, a weaker dollar makes gold more affordable for foreign buyers, which can drive up the price of gold.

Buying gold at the current gold price

Through GoldRepublic, you can buy gold bars from reputable, LBMA-certified smelters. You can buy gold from as little as one gram (or from a $50 deposit) at the current gold market price. Saving gold is also an option. Each month, you automatically deposit an amount for which gold is purchased at the current gold price.

This allows you to build up a gold reserve step by step, without having to actively trade.

Via GoldRepublic koopt u goudbaren van gerenommeerde, LBMA-gecertificeerde smelterijen. U kunt al goud kopen vanaf één gram (of vanaf €50 inleg), tegen de actuele goudmarktprijs. Ook goud sparen behoort tot de mogelijkheden. U legt elke maand automatisch een bedrag in waarvoor tegen de actuele goudprijs goud wordt aangekocht.

The expectations in this article are based on facts and analysis and do not constitute a guarantee. They underline the importance of thorough understanding and confidence in your gold investments.

Buy gold at a competitive daily price

Via GoldRepublic, you can buy gold bars from renowned, LBMA-certified refineries. You can already buy gold starting from one gram (or with a minimum investment of $50), at the current gold market price. Saving in gold is also possible. Every month, an amount is automatically deposited with which gold is purchased at the then-current gold price. This way, you gradually build up a gold reserve, without having to trade actively.

Buy gold at GoldRepublic

Gold price forecast for 2026 and beyond