Several economic catalysts could push gold to $5,000 per ounce, but the timeline depends on when conditions shift.

The price of gold is expected to hit $4,980 a troy ounce over the next 12 months, up some 27% from current levels, delegates to the London Bullion Market Association's (LBMA) annual gathering in Kyoto predicted on Tuesday.

Gold Just Crossed $4,200 per Ounce. Here's How Much You Should Buy, According to Hedge Fund Legend Ray Dalio. Gold is a widely recognized store of value, so it's a popular hedge against inflation and economic uncertainty.

The Philippines built up its holdings when gold traded around $2,000 per troy ounce. Prices have since more than doubled.

JP Morgan analysts on Thursday maintained a bullish outlook on gold, forecasting prices could reach an average of $5,055 per ounce by the fourth quarter of 2026.

PROVIDENCE − The price of gold had climbed to an all-time high of $4,381 per ounce when Gary Parseghian, an owner of La Salle Jewelers, climbed into bed on the night of Monday, Oct. 20. The price fell sharply through the early slumber of the 74-year-old master jeweler.

Gold prices in Pakistan crash by Rs. 14,000 per tola, following global losses. Silver also dips as international gold recovers above $4,000.

Gold prices retreat below $3,900/oz as US-China trade deal eases tensions, but analysts see pullback as pause.

Gold prices in Pakistan continued their downward trend on Tuesday, mirroring losses in the international market. In the local market, the price of gold

(Reuters) -Citi on Monday cut its short-term gold and silver price targets, lowering zero-to-three month gold price forecast to $3,800 per ounce from $4,000 and its silver forecast to $42 per ounce from $55,