Gold Price Trends for 2025-2026: Why Gold is Surging and Will It Continue?

Gold has smashed through the $4,000 barrier! If you’ve been holding gold, you’re probably grinning from ear to ear right now. But if you’re one of those still hesitating to buy because you fear a crash, this article has answers. Let’s see what global gurus predict for gold prices in 2025-2026.

Latest Gold Price Situation: Breaking Records Non-Stop!

Gold prices in late 2025 have been absolutely unstoppable. As of October 2025, gold has powerfully surged past the psychological resistance of $4,000 per ounce. On October 20, 2025, gold touched a new all-time high of $4,181 per ounce. Simply put, compared to early 2025, gold has increased by over 66% - taking just 7 months to climb from $3,000 to $4,000, versus the previous 14 months it took to move from $2,000 to $3,000. This acceleration reflects the massive buying pressure and confidence flooding into the gold market.

Why is gold rising so strongly?

Gold has experienced such strong and continuous buying pressure that analysts themselves admit this is an unprecedented phenomenon. Gold prices haven’t just surpassed previous highs but have set new records 40 times in a single year. While predictions suggested gold might reach $3,800 per ounce by late 2025, in reality, prices have already broken through $4,000 and show signs of continuing upward.

Wall Street Heavyweights Predict “Much Higher” Gold in 2025-2026

If you’re worried about buying gold now being too risky, major global financial institutions actually believe this is just the beginning!

Goldman Sachs is Ultra Bullish!

This Wall Street heavyweight has an extremely bullish view on gold, recently adjusting their price target significantly upward to $4,900 per ounce by the end of 2026, up from their previous target of $4,300. Goldman Sachs analysts led by Lina Thomas indicate that key supporting factors include strong and continuous demand from central banks worldwide and capital inflows into gold ETFs.

Goldman Sachs has also raised their 2025 year-end forecast from $2,890 to $3,300 due to higher-than-expected gold buying demand from central banks.

UBS Group is Similarly Optimistic

This Swiss banking giant previously predicted gold would reach $3,500 per ounce by December 2025, with the main factor being “unprecedented patterns of gold accumulation by central banks.” According to UBS strategist Joni Teves, central banks worldwide added over 1,200 tons of gold to their reserves in 2024 alone.

Four Key Factors Driving Gold’s Continuous Rise

Why is gold surging so strongly? It’s not just luck. Several supporting factors are pushing gold prices up continuously:

1. Trade War Between Global Powers

Trade tensions have escalated to a full-scale trade war. Recently, President Trump announced plans to impose 100% tariffs on all Chinese imports effective November 1, 2025. This aggressive move responds to China expanding controls on rare earth exports and other critical technologies. This intense conflict creates enormous uncertainty for the global economy, driving investors worldwide to seek gold as the ultimate safe-haven asset.

2. Central Bank Monetary Policy and Interest Rates

The Federal Reserve has begun an interest rate cutting cycle, reducing rates by 0.25% in September 2025, with markets expecting further cuts in October and December. These rate cuts directly weaken the dollar, making gold more attractive in other currencies. Typically, gold prices move inversely to real interest rates. Lower interest rates reduce the opportunity cost of holding gold (which yields no returns).

3. Gold Purchases by Central Banks Worldwide

This is perhaps the most important structural factor. Central banks worldwide, especially in emerging market countries, have purchased more than 1,000 tons of gold net annually for three consecutive years (2022-2024) and continue buying in 2025. This has pushed global gold reserves to their highest level in decades at approximately 36,699 tons. The main driver is diversification away from the US dollar (de-dollarization), which intensified after Russian central bank assets were frozen in 2022, making many countries aware of the risks of over-reliance on a single currency.

4. BRICS Monetary Policy

Reports that the BRICS group is preparing to launch a gold-backed digital currency (BRICS Currency Digital) for use as an exchange rate between member countries represent a serious challenge to the US dollar. Donald Trump previously announced he would impose 100% tariffs on BRICS if they introduced a currency challenging the dollar.

Factors That Could Reverse Gold Prices: Watch Out for Profit-Taking!

While the gold price trend remains bullish, there are factors that could cause prices to reverse:

Successful US-China Trade Negotiations

If the US and China can sit down for tariff negotiations with positive signals, gold prices might reverse immediately, as trade tensions are a key factor driving investors to buy gold as a safe-haven asset.

Pressure from Profit-Taking

After gold prices have adjusted upward rapidly and strongly for 8 consecutive weeks, gold investors may begin to gradually sell for profit, creating downward pressure on prices, especially when gold prices rise to excessive levels and technical indicators show overbought conditions.

Dollar Strength Recovery

If the US economy proves stronger than expected and the Fed delays interest rate cuts, the dollar may strengthen, putting pressure on gold prices. When the dollar strengthens, gold (traded in dollars) becomes more expensive for holders of other currencies, reducing buying demand.

Technical Signals for Gold Prices: How to Time Your Trades Well

Technical signal analysis is another tool that helps investors better time their gold trading. Let’s see what interesting signals can be found in the current gold price chart:

Price Surge

When gold prices adjust upward rapidly in a short period beyond the normal average, it indicates heavy buying pressure and may signal further upward adjustment. For example, recently gold has surged more than $250 per ounce in just a few days, showing above-normal buying pressure and a positive signal for future trends.

RSI (Relative Strength Index)

Recently, gold’s RSI has been in the overbought zone, which may signal a short-term base adjustment. However, if buying pressure continues and RSI maintains high levels, it indicates a strong uptrend.

Trading Strategies for Gold in the Current Situation

From the current situation where gold prices have surged beyond $4,000 per ounce for the first time in history, many investors are looking for appropriate trading strategies. Here are three practical strategies with current situation analysis:

1. Buy the Dip Strategy

Since gold is in a strong uptrend but prices have risen very quickly, there’s opportunity for short-term base adjustment. This strategy involves waiting to buy at important support levels.

• Wait for prices to adjust down to the first support area around $3,859 (October opening support) or the important support at $3,782
• Confirm with technical tools like RSI adjusting down near level 50 or MACD index beginning to signal reversal upward
• Set stop-loss below the next important support (approximately $3,750)
• Set profit targets at previous high ($4,059) or next resistance at $4,084-4,113

2. Breakout Retest Strategy

When gold prices have just broken through an important psychological resistance at $4,000, there may be a retest of the previous resistance (which becomes new support) - an interesting entry point.

• Wait for gold prices to adjust down to test important support at $3,980-4,000
• Confirm this support can withstand selling pressure (price bounces up with increased trading volume)
• Enter when seeing candles reverse to positive, setting stop-loss slightly below support (e.g., $3,950)
• Profit targets are the latest high ($4,059) and next resistance at $4,100

I believe gold will continue its upward trend, though the market may be volatile with frequent ups and downs. The big trend still says gold is going higher! Just remember to time your entries well and perhaps patiently wait for a price correction before shopping for gold!