There’s an interesting story about gold in 2569 that I want to share with everyone. Gold prices are currently in an extraordinary phase, and it seems we are witnessing a new recalibration of this asset’s value.

Based on my observations of various data, my forecast for gold prices in 2569 points to a range of $5,000 to $6,000 per ounce. This isn’t due to any short-term reasons—it comes from much deeper structural changes in the global financial system. Central banks around the world have been continuously buying gold, and this has been going on for 15 consecutive years. The clear reason is diversification away from the dollar. The share of gold in global investment portfolios has risen to 2.8% this year.

The dispute over Greenland that arose earlier this year also had a significant impact. Gold prices surged past $5,600 during January. Even though the Davos Compromise was later made to reduce tensions, the event showed that “uncertainty” has become the new normal for the world. As a result, gold has continued to receive an ever-higher risk premium.

In Thailand, when gold bars surged to 70,000 baht, I noticed something interesting: the relationship between the Thai baht and gold prices. The baht strengthened to 30.88 baht per dollar, the strongest level in nearly 5 years. The reason is that gold investors sold to realize profits and exchanged foreign currencies into baht. Gold transactions account for 35% of the total foreign exchange trading volume.

The Bank of Thailand therefore introduced new control measures, such as reporting large transactions exceeding 20 million baht, and proposing a daily trading ceiling of 50–100 million baht per person per day. In addition, it also supports buying and trading gold in US dollars more in order to reduce pressure on the currency.

Major financial institutions are increasingly revising their outlooks. Goldman Sachs raised its target to $5,400. J.P. Morgan expects the price to average $5,055 in Q4 of 2569 and could rise to $5,400 in 2570. Bank of America also set a high target of $6,000. The main reasons are the increase in U.S. public debt and concerns about currency depreciation.

As for the question “Is it still too late to buy now?”, the answer is “It’s still in time—but don’t chase the price.” When prices are at historic highs, the best strategy is to wait for a pullback. Strong support levels are at $4,680 to $4,750. If those break, the major support will be at $4,360 to $4,450.

I find that this forecast for gold prices in 2569 reflects changes in the global market structure—not just a matter of high-end demand, but an adaptation by major players worldwide. Gold has proven itself to be the most valuable risk-hedging tool in difficult times, and it still has the potential to reach $6,000 in the long term. If anyone is interested in investing in gold, they should study the information thoroughly, and remember that any investment involves risk.