It's interesting to observe how the gold situation is developing this year. Honestly, I've been following InvestingHaven's analytics for several years, and their forecast for gold over the next 5 years ( up to 2030 ) seems quite logical.

So, what do they predict? By 2026, gold should reach the $3,900 mark, and by 2030, the peak price could hit $5,000. As of now, (April 2026 ), we are already seeing these predictions beginning to be confirmed. I remember their target price for 2025 was around $3100 — and that indeed happened.

What struck me most in their analysis is not just the numbers, but the logic behind them. They’re not just guessing. Their entire argument is built on three pillars: the money supply M2, inflation expectations, and long-term chart patterns. On a 50-year chart, gold shows a classic “cup with handle” formation, which completed in 2023. Such patterns usually precede serious upward trends.

I’ll also note the currency dynamics. The euro appears relatively strong on long-term charts, and Treasury bonds also support a bullish scenario. This creates a favorable environment for the precious metal. Money inflation is steadily rising, and gold, as a monetary asset, is bound to react to this.

Comparing with forecasts from other institutions, it’s interesting to see convergence. Goldman Sachs, UBS, Bank of America, Citi Research—all pointed to a range of $2,700-$2800 by 2025. InvestingHaven was more optimistic with a target of $3,100. And guess what? Reality turned out closer to their forecast.

If we talk about the gold forecast for the next 5 years in a broader sense, the picture becomes quite intriguing. Silver, it seems, will start its acceleration later, in the final stage of the bull market. Historically, silver reacts with explosive growth precisely when gold is already in a late trend.

One warning: their bullish thesis relies on the condition that gold does not fall below $1770 and stay there. The probability of that is extremely low, but it’s a critical support level. Below that, the entire analysis may need to be reassessed.

So, if you’re looking for a long-term forecast for gold over the next 5 years, $5000 by 2030, it appears to be a quite realistic target under normal market conditions. Maybe even sooner. But remember, each decade brings its own unique macroeconomic dynamics, so predicting beyond 2030 is already in the realm of fantasy.