The gold thread

[suzanne5223]

Gold is close to $5000 now.

However, I have a feeling that it could be close to the end of the bull run...

So if the de-escalation of global conflicts continue, then the gold price would be only fueled by FOMO, and that's a sign that it could end soon.

I'm not so sure about that, first of all because of what BlackBoss_ says. There are other potential conflicts around the world. But if we look at what happened last year, gold rose on similar occasions, when turbulence was looming on the horizon, and when things calmed down, the price remained flat before rising again at the slightest sign of improvement. There was only one significant drop back in October, but that was a logical correction after the previous sharp rise. And the price rose again shortly thereafter.

Honestly, I see clinching a new ATH on Monday (at least $5053) due to a lot of chaos going around the world, especially those create Trump about Greenland, Iran, and the statement made at Davos, which is currently sparking some reaction in the metal market.
Second, the US dollar index (DXY) weakness always tells the bullish momentum of Gold, and from what I am seeing its experiencing a lot of downtrend today, since it always continues when the market opens on Monday.

[STT]

There is no rivally between gold and BTC, I cant use gold like BTC can be used online in that way.   I did have an internet account for gold where it accepted BTC as a purchase method but they grew to dislike the idea and raised fees so much it was no longer especially possible.
   BTC only has to be more practical and easy to use and it'll always be more popular then gold.   You might wonder how Gold is so high and its not especially because of the people, the vast majority of people have no involvement with gold so its the very largest financial entities who are taking up gold in greater amounts to pair or replace their bond holdings.   

Central banks for a fairly long time did not favor gold, it was seen as outdated and unnecessary but that view has changed a bit.  Enough has altered to change the price this much, China for example held no gold at all at the start of the century vs today they are the largest buyer, importer and also largest producer in the world yet they still lag other countries and will continue to buy gold and diminish their dollar bonds.

[Free Market Capitalist]

Honestly, I see clinching a new ATH on Monday (at least $5053) due to a lot of chaos going around the world, especially those create Trump about Greenland, Iran, and the statement made at Davos, which is currently sparking some reaction in the metal market.
Second, the US dollar index (DXY) weakness always tells the bullish momentum of Gold, and from what I am seeing its experiencing a lot of downtrend today, since it always continues when the market opens on Monday.

It's reached $5,100 today actually.

I was thinking that what is happening with gold and bitcoin probably has a lot to do with politics.

Central banks started buying because of mistrust of the dollar, caused not only by a kind of war against the US, where it is more effective against the dollar to buy gold than to try to establish another alternative fiat currency, but also by the sanctions against Russia for the war in Ukraine. They started it, and it's clear that FOMO has now reached the retail sector. Gold purchasing websites are announcing delays in order fulfillment beyond the usual timeframes.

But then there's another thing: the US has been the first major country to embrace cryptocurrencies. If cryptocurrencies succeed, the US succeeds; however, if gold succeeds and Bitcoin remains “meh” while a bunch of shitcoins go to hell, the US loses and the countries that are accumulating the most gold are the ones that succeed. Russia and China are accumulating gold at a rapid pace, and although the US supposedly has the largest reserves, it is not clear that they have as much as they say (remember that Musk and Trump were supposedly going to audit Fort Knox with live cameras).

[suzanne5223]

Honestly, I see clinching a new ATH on Monday (at least $5053) due to a lot of chaos going around the world, especially those create Trump about Greenland, Iran, and the statement made at Davos, which is currently sparking some reaction in the metal market.
Second, the US dollar index (DXY) weakness always tells the bullish momentum of Gold, and from what I am seeing its experiencing a lot of downtrend today, since it always continues when the market opens on Monday.

It's reached $5,100 today actually.

That's the beginning, though.
I believe it will reach a new ATH price by tomorrow at the latest. Based on what I am seeing with the price movement of Gold. It will get a $6000 price at least this year.

I was thinking that what is happening with gold and bitcoin probably has a lot to do with politics.

Central banks started buying because of mistrust of the dollar, caused not only by a kind of war against the US, where it is more effective against the dollar to buy gold than to try to establish another alternative fiat currency, but also by the sanctions against Russia for the war in Ukraine. They started it, and it's clear that FOMO has now reached the retail sector. Gold purchasing websites are announcing delays in order fulfillment beyond the usual timeframes.

Yes, everything we're seeing with the price of Gold and Bitcoin is the political role. Besides, ever since Trump became the President of the US, every move and the decision he's making are things that will influence the banks, global risk management, and retail investors find safe haven in Gold.
The sad thing is that some of his decisions also influence the downtrend in the price of Bitcoin, which is what i always expected in the first Q1 market after the Bitcoin halving effect market, and this is why i never agree with the bold statement made by people like CZ that the BTC 4 years cycle is over.

But then there's another thing: the US has been the first major country to embrace cryptocurrencies. If cryptocurrencies succeed, the US succeeds; however, if gold succeeds and Bitcoin remains “meh” while a bunch of shitcoins go to hell, the US loses and the countries that are accumulating the most gold are the ones that succeed. Russia and China are accumulating gold at a rapid pace, and although the US supposedly has the largest reserves, it is not clear that they have as much as they say (remember that Musk and Trump were supposedly going to audit Fort Knox with live cameras).

We are all happy they embrace cryptocurrencies, which will make others follow, but their next decision in geopolitics is affecting VIX, and there's no way a VIX spike will happen, that it won't influence theprice of BTC based on historical data. When this happen most banks and risk manager we see Gold as the next alternative, which is what is happening, and if you can track  USDJPY, EURUSD, and more trends, you'll see that people are ditching fiat currency but USD is the number 1 on the list

[d5000]

Silver flashcrashed yesterday from $118 to $102, then recovered to $112. Seems to have been the largest flashcrash at least since the 84-72 crash in December.

Could be a sign of increased nerviousism and overheating in the precious metals market, but it's too early to draw final conclusions, also as silver has overheated even more than gold with a 300% surge.

Gold meanwhile is at a new ATH, close to $5200. I'd say due to the psychological mark broken (as I wrote in the previous post) and FOMO is probably still strong that probably isn't the last ATH. I also would agree that $6000 is realistic, and $5500 are probably "safu". But then a real "perspective" would be needed for a further price increase.

AFAIK central banks have already bought less gold in 2025 than in 2022-2024 (630 vs. 1000+ tonnes, however the 630 still miss the December figures so probably 2025 had ~700). With some exceptions like Poland who stocked up massively.

[STT]

Some of the gold bought was never in the market, it can be hard to tell with China being both largest producer and largest buyer with imports etc.    In theory there is some record kept of capital reserves of this sort but it lags by years I think.

With the higher price I think it will register as less as banks have fixed budgets for purchase I believe.  

The latest price action when I looked was bullish I thought but I did read a warning from a long term trader on the basis of a measured move, being as we have gained a large amount that matches the last major move recorded its about time for some reset of some kind.

[philipma1957]

Some of the gold bought was never in the market, it can be hard to tell with China being both largest producer and largest buyer with imports etc.    In theory there is some record kept of capital reserves of this sort but it lags by years I think.

With the higher price I think it will register as less as banks have fixed budgets for purchase I believe.  

The latest price action when I looked was bullish I thought but I did read a warning from a long term trader on the basis of a measured move, being as we have gained a large amount that matches the last major move recorded its about time for some reset of some kind.

I feel a drift from metals to crypto will occur and that we will hit a new ath near July 4th.

1 or 2 major metal winners may want to shift to crypto and can easily surge btc with that move

[Accardo]

Honestly, I see clinching a new ATH on Monday (at least $5053) due to a lot of chaos going around the world, especially those create Trump about Greenland, Iran, and the statement made at Davos, which is currently sparking some reaction in the metal market.
Second, the US dollar index (DXY) weakness always tells the bullish momentum of Gold, and from what I am seeing its experiencing a lot of downtrend today, since it always continues when the market opens on Monday.

The bond market is down, countries like US, Japan and the whole of Europe, on Wednesday, met a significant dump in their bond market, which incident was tied to Trump's threat of enforcing levies on European nations he picked, as his quest to acquire Greenland grows. For safety, most investors moved to gold, which boosted the ath rally surrounding the asset right now. Gold is expected to move further as more investors sell their bonds.

[ultrloa]

Silver flashcrashed yesterday from $118 to $102, then recovered to $112. Seems to have been the largest flashcrash at least since the 84-72 crash in December.

Could be a sign of increased nerviousism and overheating in the precious metals market, but it's too early to draw final conclusions, also as silver has overheated even more than gold with a 300% surge.

Gold meanwhile is at a new ATH, close to $5200. I'd say due to the psychological mark broken (as I wrote in the previous post) and FOMO is probably still strong that probably isn't the last ATH. I also would agree that $6000 is realistic, and $5500 are probably "safu". But then a real "perspective" would be needed for a further price increase.

AFAIK central banks have already bought less gold in 2025 than in 2022-2024 (630 vs. 1000+ tonnes, however the 630 still miss the December figures so probably 2025 had ~700). With some exceptions like Poland who stocked up massively.

That flash crash happening on silver shows how inflated the market is if we compare it to gold. That 300% surge bring some pressure for someone trading it for any possible corrections that might happen. Thinking about that Gold to reach at near $5200 can be fueled by FOMO, but somehow $5600 or even $6000 still possible since that target is not far to happen if more demand will came and it still gather good momentum.

Although central bank bought less compare on past years, the next situation that can bring big push will depends on ETF inflows and also from investor demands. For silver that demand it get from industrial usage like EVs and solar would provably help either stabilize its current position or maybe it will  help to push more to hit new ATH, although the speculative part of it is maybe it became more volatile compare on gold.

[Free Market Capitalist]

I believe it will reach a new ATH price by tomorrow at the latest. Based on what I am seeing with the price movement of Gold. It will get a $6000 price at least this year.

Now the question is to see who can guess where it will peak.

We are all happy they embrace cryptocurrencies, which will make others follow, but their next decision in geopolitics is affecting VIX, and there's no way a VIX spike will happen, that it won't influence theprice of BTC based on historical data.

Historical data is usually more useful for explaining the past than for predicting the future.

Gold meanwhile is at a new ATH, close to $5200. I'd say due to the psychological mark broken (as I wrote in the previous post) and FOMO is probably still strong that probably isn't the last ATH.

I'd say so as well.

AFAIK central banks have already bought less gold in 2025 than in 2022-2024 (630 vs. 1000+ tonnes, however the 630 still miss the December figures so probably 2025 had ~700). With some exceptions like Poland who stocked up massively.

Well, I don't know where the rise will come from. I don't know if it will be due to retail FOMO, other players that we are not taking into account such as Tether, which is accumulating gold as if it were a central bank, or even that some central banks are buying gold without disclosing it (here I am thinking of China, more than anything else).

Some of the gold bought was never in the market, it can be hard to tell with China being both largest producer and largest buyer with imports etc.    In theory there is some record kept of capital reserves of this sort but it lags by years I think.

This is what I was thinking. Just as there is a real possibility that the amount of gold in Fort Knox is not what it is supposed to be, I do not rule out the possibility that China has more gold than it says it has, and is accumulating more.

[rangga28]

Honestly, I see clinching a new ATH on Monday (at least $5053) due to a lot of chaos going around the world, especially those create Trump about Greenland, Iran, and the statement made at Davos, which is currently sparking some reaction in the metal market.
Second, the US dollar index (DXY) weakness always tells the bullish momentum of Gold, and from what I am seeing its experiencing a lot of downtrend today, since it always continues when the market opens on Monday.

It looks like gold will continue to set new records due to geopolitical uncertainty. Nowadays everyone has the assumption that buying gold to save wealth is the right thing to do. I also assume that in a short time the price of gold will continue to soar to $6000 or even more. If global tensions do not stop, economic turmoil will further worsen the situation and even become more tense.

[philipma1957]

Honestly, I see clinching a new ATH on Monday (at least $5053) due to a lot of chaos going around the world, especially those create Trump about Greenland, Iran, and the statement made at Davos, which is currently sparking some reaction in the metal market.
Second, the US dollar index (DXY) weakness always tells the bullish momentum of Gold, and from what I am seeing its experiencing a lot of downtrend today, since it always continues when the market opens on Monday.

It looks like gold will continue to set new records due to geopolitical uncertainty. Nowadays everyone has the assumption that buying gold to save wealth is the right thing to do. I also assume that in a short time the price of gold will continue to soar to $6000 or even more. If global tensions do not stop, economic turmoil will further worsen the situation and even become more tense.

gold is climbing up up up up up and up.

it topped 5300 for just a bit today.

As long as Don the man plays the game

 of give me Greenland
I am the acting president of Venezuela
Cuba's on the list
While you are at it maybe Columbia


Gold will whale and whale and whale.

Hold on to your hats as Don the man does his thing.

I recently sold all my silver off.
I will be listing my gold on ebay at too high of a price hoping someone grabs it as prices continue to rise ever upwards.

[suzanne5223]

I believe it will reach a new ATH price by tomorrow at the latest. Based on what I am seeing with the price movement of Gold. It will get a $6000 price at least this year.

Now the question is to see who can guess where it will peak.

I have the said peak price of Gold, I believe it's inevitable, which is the $6000 price range, because every agenda push by Trump and the EU is affecting DXY and VIX. When these two are affected negatively Gold price will surge, no matter the situation of the EU bonds.

We are all happy they embrace cryptocurrencies, which will make others follow, but their next decision in geopolitics is affecting VIX, and there's no way a VIX spike will happen, that it won't influence theprice of BTC based on historical data.

Historical data is usually more useful for explaining the past than for predicting the future.

If you're talking about crypto, i will say yes, but when it comes to metal like Gold, it is a no, because there's something that always influences the price of Gold if it happens. I believe you should agree with me after the price prediction of Gold, which i stated at least twice, which all happened.

[Alonso_]

Honestly Gold going up this much, in such a short order is worry-some. Why is everyone buying Gold all of a sudden? Its not a good sign.

Means the smart money is buying Gold because they see inflation going higher or they see some catastrophic event. Everything is over-leveraged and over-priced these days. Look at all those stocks with 500 PE ratios. Look at all these useless meme tokens worth billions. Eventually it will break but nobody knows when.

The price of gold in the global market has been increasing rapidly recently and a big FOMO has now been created in the gold market. The price of gold has never increased at such a fast pace in its history. But this year, gold is growing as fast as crypto. However, gold is a strong metal which is also kept as a country's reserve. And its price remains at a stable level and increases gradually. But such a sudden rapid increase is not a positive sign. At any time, the price of gold can fall which will shake the whole world. People consider investing in gold as the safest investment but what is happening with gold suddenly can break this confidence of people. I am a little scared about this.

You’re absolutely very correct with your statement, Gold have been making a lot of wave in the market recently, and I have been very surprised and shocked with what I have seen from Gold recently, I don’t really if I will be saying that people are scared of missing out, because you can only buy such metals like gold and silver when you have money, I believe people are diversifying from other cryptocurrencies to buying gold, have you also noticed that Silver is also making a huge wave in the market as well, recently Silver got to its all time highest price in the market, All I can say now about the gold is that we can continue buying gold and also be buying bitcoin as well, and making some diversification steps which is quite interesting considering that you will have gold and bitcoin, and you can also possibly buy Silver as well which is also making a huge difference in the Stock market, but I can’t compare Gold and Bitcoin, I will always choose Bitcoin first.

[Free Market Capitalist]

I have the said peak price of Gold, I believe it's inevitable, which is the $6000 price range, because every agenda push by Trump and the EU is affecting DXY and VIX. When these two are affected negatively Gold price will surge, no matter the situation of the EU bonds.

$6K seems a too low peak to me observing how fast it is going up. Right after the Fed's announcement yesterday that it would keep interest rates unchanged, the price of Bitcoin fell slightly while gold rose from around $5,300 an ounce to $5,634. It looks like we'll reach $6K in no time.

[Taskford]

I have the said peak price of Gold, I believe it's inevitable, which is the $6000 price range, because every agenda push by Trump and the EU is affecting DXY and VIX. When these two are affected negatively Gold price will surge, no matter the situation of the EU bonds.

$6K seems a too low peak to me observing how fast it is going up. Right after the Fed's announcement yesterday that it would keep interest rates unchanged, the price of Bitcoin fell slightly while gold rose from around $5,300 an ounce to $5,634. It looks like we'll reach $6K in no time.

With current situation happening in the world right now there's still huge chance that we can see more high from gold. Troubles and other global issues still happening and more people seeking for safe haven asset to invest.

I don't know if there's something to do with gold bull run happening on Bitcoin now, but it seems lots of investor are focus on gold at the moment. Gold surge to that figures you drop and chance to hit at $6,000 is so huge because lots of investors speculate that this situation will happen soon.

Those people continue to accumulate is so lucky because they are earning huge with current trend happening with gold nowadays.

[d5000]

Aaaand it crash'd.  

5600$ to 5200$ in a few minutes, it seems.

Still a small correction ("back to the levels 3 days ago"), and probably $6000 and even $7000 are still possible in a short time, but it does make me remember late Bitcoin bull markets a lot.

PS: LOL, is it possible goldprice.org got DDOSed? That really looks like Bitcoin if its true, at least I have difficulties to access it. (Edit: It's back.)

[suzanne5223]

I have the said peak price of Gold, I believe it's inevitable, which is the $6000 price range, because every agenda push by Trump and the EU is affecting DXY and VIX. When these two are affected negatively Gold price will surge, no matter the situation of the EU bonds.

$6K seems a too low peak to me observing how fast it is going up. Right after the Fed's announcement yesterday that it would keep interest rates unchanged, the price of Bitcoin fell slightly while gold rose from around $5,300 an ounce to $5,634. It looks like we'll reach $6K in no time.

You have a point, but you cant judge the market price's outcome based on short term bullish news, and as you can see, the price of Gold crash i expected based on the previous surge, and I believe it will be Monday before we see another strong bullish market after the trillion of Dollars that was swiped out of the Gold market cap.
Having that, there's a huge chance for Gold to pass the $6000 price i stated, but i choose to provide the most sure ATH, which I strongly believe Gold will clinch, and I wont be suprise if it happen on Monday.

With current situation happening in the world right now there's still huge chance that we can see more high from gold. Troubles and other global issues still happening and more people seeking for safe haven asset to invest.

I don't know if there's something to do with gold bull run happening on Bitcoin now, but it seems lots of investor are focus on gold at the moment. Gold surge to that figures you drop and chance to hit at $6,000 is so huge because lots of investors speculate that this situation will happen soon.

Those people continue to accumulate is so lucky because they are earning huge with current trend happening with gold nowadays.

The chaos happening between US, EU, Greenland, China, etc. Having something to do with BTC price, if it affects the VIX price, which always decides the current BTC market major player's decision. Once VIX and DXY are affected investors next focus is on Gold, which is why Gold is making new highs every week lately.
Despite the Gold surge in price, it is not easy to trade as you think because it's very volatile lately.

[Free Market Capitalist]

Aaaand it crash'd.  

5600$ to 5200$ in a few minutes, it seems.

Yes, but it was a crash that affected all markets. Did you see what happened to Bitcoin? It fell 5 percent.

Still a small correction ("back to the levels 3 days ago"), and probably $6000 and even $7000 are still possible in a short time, but it does make me remember late Bitcoin bull markets a lot.

Even with this decline at the end of the month, the price of gold has risen 20% over the month. If it continues like this, it would be 240% at the end of the year, but that's not necessarily the case. Let's assume it's half that. A 120% return would be typical for Bitcoin, not from the early days, but more like in recent years.

As we are in the last day of the month, let's examine what's happened.



Meanwhile, Bitcoin:



When Bitcoin failed to deliver the expected results last year, the idea began to circulate in the industry that it was due to a lack of liquidity. As we can see, there is no lack of liquidity; the problem is that it is mainly going to precious metals. And not only to them. The S&P 500 rose 18% in 2025, and the Nasdaq 100 rose 20%. There was plenty of liquidity; the problem is that it did not flow into Bitcoin.

[justdimin]

With current situation happening in the world right now there's still huge chance that we can see more high from gold. Troubles and other global issues still happening and more people seeking for safe haven asset to invest.

I don't know if there's something to do with gold bull run happening on Bitcoin now, but it seems lots of investor are focus on gold at the moment. Gold surge to that figures you drop and chance to hit at $6,000 is so huge because lots of investors speculate that this situation will happen soon.

Those people continue to accumulate is so lucky because they are earning huge with current trend happening with gold nowadays.

To be fair, that was the reason why gold went up this much anyways. There was a lot of "war" potential, even if just economical or just cold war style, like even if no guns were fired, we still have that potential and possibility. NATO is crumbling, USA is at the hands of a dictator, and everything looks quite bad at the moment, and Europe is done with it, they do not want to deal with Trump anymore because why would they and they are willing to wait until 2028 to see what happens before they get back.

When there are war and tariff tension all over the globe, fiats are losing its value which must be a working catalyst for gold to peak. Gold will continue its rally among few setbacks time to time until Trump would be in white house. If banks are ready to increase their interest rate to above 10% or 15% then we can see gold falling more than 50% but rising interest rate is a definite unlikely scenario