Over the past year, gold’s performance has been nothing short of, well, dazzling. Between March 2025 and March 2026, gold’s price rose from $3,019 to $4,447 per troy ounce, a 47% increase. For investors keeping an eye on the precious metals market, this dramatic increase raises other questions. Namely, how high will gold go in 2026?
Gold analysts believe gold (GC=F) will hold its value and its price may even go up this year due to ongoing worldwide conflicts and economic uncertainty.
If you are considering adding gold to your portfolio or increasing your investment, here is gold’s current price and expert forecasts.
Read more: Thinking of buying gold? Here’s what investors should watch for.
Since 2016, gold has nearly quadrupled in value.
Investing experts from JPMorgan and Morningstar have positive outlooks for gold’s performance in 2026.
Concerns about inflation and geopolitical tensions continue to drive gold’s price.
Data from the National Mining Association shows explosive increases in gold prices over the past five and 10 years. Between 2016 and the end of 2025, gold’s price went from $1,250 to $4,318 per ounce.
To put those numbers in perspective, say you invested $10,000 in physical gold in 2016 when gold was $1,250 per ounce. Your investment would have bought eight ounces of gold. Assuming a price of $4,318 per ounce, you’d have $34,544 at the end of 2025, more than three times your initial investment.
Learn more: How much gold would $1 million buy at different points in history?
Between 2016 and 2019, gold’s price was relatively steady, with very little fluctuation. That trend changed in 2020, due to a combination of factors, including the economic uncertainty caused by the COVID-19 pandemic, geopolitical tensions, and rising inflation. With people nervous about the economy and stock market, investors increasingly put their money into gold as a safe-haven asset, causing the prices to jump.
In 2025, gold’s price skyrocketed, going from $2,623 to $4,339 per ounce — a 65% increase in one year, thanks to the following issues:
Declining value of the U.S. dollar: The U.S. Dollar Index, which measures the value of the dollar against other major currencies, declined in 2025. Its lower value is a signal of concerns about the U.S. economy, so more investors turn to gold.
Tariffs: Concerns about President Trump’s tariffs on foreign goods increased the demand for gold as a “safe” investment.
Consumer demand: Gold is more accessible to investors than ever, with retailers like Costco and online sellers making gold coins and bars easily available. With more individual investors buying gold bullion, there is more demand, impacting gold’s price.
Learn more: What to know before buying gold, silver, or platinum from Costco
Financial analysts with JP Morgan and Morningstar project continued strength in the gold market. If the global conflicts remain unresolved and central banks maintain…
Source: finance.yahoo.com
