Gold Price Forecast 2025–2030: Goldman Sachs & Yardeni Predict Records

It is December 15, 2025 – a date gold investors won't soon forget. With the price hovering around $4,300, the precious metal has surpassed the boldest expectations of many analysts. But anyone thinking the peak has been reached is likely mistaken. New forecasts from Goldman Sachs and Yardeni Research suggest that the "Golden Years" are just getting started.

Review: The 2025 Gold Price Forecast Was Crushed

Many investors are still searching for the Gold Forecast 2025 to understand what happened this year. Reality has outpaced predictions: Driven by a second wave of inflation and massive central bank purchases, gold has left the psychologically important $4,000 mark far behind.

Looking Ahead: Goldman Sachs Sees $4,900 in 2026

For the coming year, Goldman Sachs is setting the bar high. The investment bank recently raised its forecast, predicting gold will reach $4,900 per ounce by the end of 2026.

• The Driver: According to Goldman Sachs, the main reason is continued demand from central banks diversifying their reserves, as well as falling real interest rates making gold more attractive compared to bonds.
• Euro Perspective: For European investors, this translates to a significant increase in the 2026 Euro gold forecast, potentially pushing prices well above €4,500 depending on exchange rates.

Long-Term to 2028 and 2030: The Road to $10,000

The long-term gold price forecast is even more spectacular. Ed Yardeni of Yardeni Research reaffirms his thesis that we are in a "supercycle."

Milestone 2028

In an optimistic scenario, banks like JP Morgan see prices reaching up to $6,000 by 2028. Other analysts see the price stabilizing between $5,000 and $5,500 by then, driven by the continued devaluation of fiat currencies.

The $10,000 Target for 2030

Yardeni Research sticks to its headline-grabbing prediction: If the current wage-price spiral continues, gold could hit $10,000 by 2030. Yardeni compares the current phase to the "Great Inflation" of the 1970s, when gold also rose exponentially.

Expert Opinion: What Libertex and Others Say

Market observers like Libertex also point out that extreme market conditions—such as geopolitical tensions or spiraling inflation—are necessary to reach these five-figure sums. However, they also warn of volatility: The road to $10,000 will not be a straight line but will be accompanied by corrections that offer buying opportunities.

Conclusion: Precious Metals as an Anchor

Whether it's $4,900 in 2026 or $10,000 in 2030 – the trend is clearly pointing upwards. The devaluation of paper money makes tangible assets indispensable.

Do you want to benefit from this long-term trend without worrying about storage? The Spargold App offers you the ideal entry point. Secure physical gold and silver conveniently via smartphone – transparent, safe, and tradable at any time. Use current market corrections to position yourself for the years to come.

Stay forward-thinking

Your Nils Gregersen