Current Gold Price per Gram in 2023

Gold price predictions for the coming years

The outlook for gold prices in the coming years is quite optimistic, with analysts predicting significant increases. For 2024, the maximum value is expected to be around R$ 13,000 per ounce. In 2025, projections indicate that the peak may slightly exceed R$ 15,000 per ounce. For 2026, estimates point to a maximum value close to R$ 19,500 per ounce.

Factors Driving the Rise of Gold

Various elements contribute to these positive projections. Long-term chart patterns indicate a new bull market, while gold prices are rising across all global currencies. The increase in the money supply and rising inflation expectations also favor the appreciation of the metal. Additionally, there is a positive correlation with bond prices and an inverse correlation with their yields, while the euro and Treasury bond charts show optimistic setups for the gold market.

Expected trajectory of gold prices

The analysis suggests a steady increase in gold prices over the next few years, with an acceleration expected by the end of this decade. This upward trend could drive the precious metal to reach an estimated peak of R$ 25,000 per ounce by 2030.

Performance of silver against gold

Silver is expected to outperform gold in the later phases of this bull market, potentially offering even greater returns for investors.

Projections from Major Financial Institutions

Most large financial institutions have set gold price targets for 2025 in the range of R$ 13,500 to R$ 14,000 per ounce. Some more optimistic outlooks go as high as R$ 15,000 per ounce.

Invalidating the Optimistic Thesis

The optimistic thesis for gold would be invalidated if the price fell below R$ 8,850 per ounce, although this is considered a low probability scenario by analysts.

Key indicators to be monitored

To keep up with this trend, investors should monitor some crucial indicators. Inflation expectations and bond yields are of high importance, while foreign exchange markets and positioning in futures markets have medium relevance for gold price forecasts.

Multi-year perspective for gold prices

The analysis provides a multi-year optimistic outlook for gold prices, based on technical, fundamental, and intermarket analysis. A constant upward trend is expected, with potential for stronger gains by the end of the decade.