Gold price forecast 5 years technical analysis of gold price

Technical analysis of gold price forecast 5 years scenario shows strong support near $1,950 and progressive breakout potential toward $2,580, assuming continued ETF inflows exceeding 120 tonnes per annum. Learn more: Gold Stocks Trounce AI-Led Chip Rally With 135% Gain in 2025 The silver spot price has surged over 50 percent in the first nine months of 2025, reaching a 14 year high above US$44 on September 22 after breaking through the US$40 per ounce mark in early September. Silver's price is rallying on growing economic uncertainty amid ongoing geopolitical tensions and US President Donald Trump’s escalating trade war, supported by long-term demand fundamentals. The gold price forecast 5 years outlook emphasizes central banks’ net purchases exceeding 400 tonnes annually as a primary driver for sustained price strength. Commodities index funds reflect similar sentiment.