World gold prices are witnessing an upward trend and could reach $4,000-5,000/ounce in the medium term, with a potential peak of up to $8,900 by 2030 - according to the forecast in the "In Gold We Trust 2025" report published by investment company Incrementum ( Lie Lieutenant).
The Times of India quoted the report as saying that the forecast for gold prices ranging from 4,800 to 8,900 USD/ounce depends mainly on global inflation in the next 5 years.
These forecasts are based on a comprehensive assessment of many factors affecting gold, including central bank policies, geopolitical fluctuations, persistent inflation, declining confidence in legal reality and the return of gold in the long-term investment portfolio.
The report highlights that the current gold price increase is not simply a short-term reaction, but could open up a prolonged period of price increase - something investors need to consider seriously.
Amid trade uncertainty, war in many regions and major economies struggling with inflation, gold is regaining its role as a financial paradise.
However, analysts also recommend that investors should prepare mentally for price adjustments, because gold is inherently volatile.
In the first 4 months of 2025, gold prices increased by 25%, but then there was a slight downward trend. However, the long-term outlook is still positive.
The report highlights a remarkable detail, with only about 1% of the assets of family and institutional investment funds in the world spent on gold and precious metals, equivalent to puppet investments such as paintings, antiques, or infrastructure. Meanwhile, real estate, private stocks and cash still dominated.
This has led many experts to believe that gold is being low- Valued against its defensive role in the global asset portfolio.
Not only Incrementum, JPMorgan Bank has also recently commented that gold prices could reach the mark of 6,000 USD/ounce by 2029 - equivalent to an increase of 80% compared to present. Although the US Federal Reserve (Fed) plans to cut interest rates less this year, long-term investment demand for gold is still being consolidated.
The big question is whether gold will reach $8,900 by 2030 is real? The answer will depend on global macro developments: whether inflation is controlled, central banks continue to buy reserve gold, or whether the war and public debt crisis in countries will cause cash flow to seek shelter such as gold.
