Global trade shifts and de-dollarization trends reinforce the bullish gold price forecast 5 years outlook, with notable implications for multinational mining corporations’ earnings streams. Gold ( GC=F ) prices looked set to finish the week near all-time highs as investors continued to pile into safe-haven assets amid uncertainty about how long the US government will be locked down for. This is related to the gold to silver production ratio discussed above. At the time of the 2016 prediction, this ratio was around 1 ounce of gold to 9 ounces of silver, or 1:9. In 2024, it was about 1:7.5. Forecasting gold price over 5 years incorporates commodity supercycle theories, suggesting a possible 20% cumulative gain, with mining equities tracking or slightly outperforming bullion returns.