Gold and Silver Price Charts
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Gold and Silver Price Forecasts
Gold bottomed around $1,050 in December of 2015 and has been trending higher ever since. The gold price has established a new bullish trend channel, with higher lows every year over the past three years.
The price broke out above strong resistance at $1,365 in July and quicky rocketed above $1,400 per ounce. It is now clear to move back toward all-time highs within the next 12 months.
2020 Gold Price Predictions / Forecasts / Estimates
2020 Gold Price Forecast: $2,000
2021 Gold Price Forecast: $3,000
2022 Gold Price Forecast: $4,000
2025 Gold Price Forecast: $6k to $8k
The last gold bull cycle propelled the gold price up 7.6X over 10 years. If the current advance matches this performance, we can expect the gold price to continue toward $8,000 per ounce by 2025.
The banks almost always undershoot in their price forecasts for gold and silver. They hate the metals and would prefer to push their clients into other investments where they generate better fees, control the funds and keep the fractional-reserve fiat monetary system alive. So, take their estimates with a big grain of salt.
2020 Silver Price Predictions / Targets
Silver looks undervalued relative to gold and has the potential to outperform over the next few years.
2020 Silver Price Predictions / Forecasts / Estimates
2020 Silver Price Forecast: $20
2021 Silver Price Forecast: $35
2022 Silver Price Forecast: $50
2025 Silver Price Forecast: $169
During the last bull market, silver went up 12.5x from late 2001 to late 2011. If we project a similar advance this time around, it would take silver from the recent low of $13.50 to $169 per ounce by 2025!
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