Gold Has Recently Hit All-Time Highs - But Experts Say the Real Rally Is Still Ahead

With gold recently reaching $3,167 per ounce, many investors are asking the same question: "Did I miss the boat?"
It's a fair concern. When any asset hits record highs, some people instinctively wait on the sidelines, fearing they're too late to benefit. But when it comes to gold, some of the world's most respected financial experts believe the real run hasn't even started yet.
In fact, a growing number of analysts and institutions are projecting bold new highs for gold in the next 12 months, with some price targets ranging from $3,500 to even $5,000 per ounce.
Let's take a look at what they're saying
Goldman Sachs, one of the world's most influential investment banks, has also raised eyebrows with its gold forecast. Their analysts believe prices could surge to $4,500 within the next year, especially if the Federal Reserve remains dovish. With inflation still stubbornly high and real yields lagging, Goldman sees gold as a prime beneficiary of the ongoing economic shift.
Bank of America's Global Commodity Research team shares a similarly optimistic view. They see gold reaching $3,500 per ounce, propelled by ongoing safe-haven demand, intensifying geopolitical risks, and robust central bank buying. Their analysis points to a new era where gold is no longer just a hedge-but a core strategic asset for sovereign and institutional investors alike.
Macquarie Group, a global investment powerhouse, projects that gold could climb to $3,500 per ounce, citing persistent inflationary pressures and an interest rate policy that continues to undercut the strength of the U.S. dollar. According to their analysts, with real interest rates staying low or even negative, gold stands out as a reliable store of value in the face of currency devaluation.
Jeffrey Gundlach, CEO of DoubleLine Capital and widely known as the “Bond King,” is even more bullish. He recently predicted that gold could reach $4,000 per ounce. Gundlach points to rising recession risks, monetary easing, and growing instability in both financial markets and geopolitics. For him, gold is not just a hedge-it's a strategic asset for weathering turbulent economic conditions.
Jordan Roy-Byrne, CMT and editor of The Daily Gold, sees even greater potential. His forecast puts gold at $5,000 per ounce in the near future. He emphasizes long-term technical indicators and historical patterns, arguing that the current macroeconomic backdrop mirrors conditions that previously triggered explosive bull markets in precious metals.
Yvonne Blaszczyk, President and CEO of BMG Group, predicts $4,000 gold by the end of 2025. She underscores the global debt crisis, excessive fiscal spending, and the rapid accumulation of gold by central banks as key drivers. In her view, gold is reclaiming its traditional role as a monetary anchor in an era of fiscal irresponsibility.
You Haven't Missed the Boat, You're Right on Time
The idea that gold has "peaked" simply isn't supported by the data or by what the smartest minds in finance are saying. If anything, prices now could be the beginning of a much larger movement.
So the question is: Will you look back in a year wishing you had acted?At Lear Capital, we make it simple to protect your wealth with physical gold. Whether you’re diversifying a portion of your portfolio or setting up a Gold IRA, call our team at 855-271-2873 to lock in today's price before the next major move.