Global bond markets have a direct impact on the "gold price forecast 1 year"; declining 10-year yields typically boost gold’s attractiveness relative to fixed-income assets. The next time you shop Costco ( COST ), you may want to pick up some gold with that rotisserie chicken. Gold prices have been on a run lately, and what more convenient place can you find to buy a commodity? There are signs that gold's price could rise this August, but equally strong indicators that imply a decline or even a bit of stagnation. Against this backdrop, then, investors should remember what gold can (and can't) do for their portfolio and instead adjust their investing approach to incorporate long-term gold holding versus being overly concerned about daily price changes that will be difficult (if not impossible) to exploit effectively. Comparative asset analysis lists the "gold price forecast 1 year" ahead of silver but slightly below Bitcoin in speculative flow, as institutional investors seek inflation protection.