Gold Price - Where is it heading?

[finicky]

$20,000 Gold? Jordan Roy-Byrne Unpacks the "Once-in-a-Lifetime" Metals Boom​

$20,000 Gold? Jordan Roy-Byrne Unpacks the "Once-in-a-Lifetime" Metals Boom

Oct 3, 2025 – Jordan Roy-Byrne breaks down the historic breakout from a 13-year cup and handle pattern, the crucial signal of gold outperforming the traditional 60/40 portfolio, and the impact of central bank buying and de-dollarization...

www.financialsense.com

 

[TimeISmoney]

Bring it on!!!!

 

[finicky]

Not enough, we want more

 

[ducati916]

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Levels Where I'll Swap Some Silver Back For Gold in HAA Account:​

• Lower Rail of Uptrend Channel
• 62:1 "Silver Squeeze" Low
• 30:1 2020 "Covid Low"
• 15:1 1980 Bull Market Low
• 9:1 Geologic Mining Ratio

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Oil & Energy Stocks Are On The Radar....​

- $XLE | $PBR.A | $XOM | $COP -

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$DXY: US Dollar Index at Critical Juncture...​

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Gold & Gold Miners​

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While there are certainly many caution signals, there is still no sign of a reversal.​

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$GDX: Sr Gold Miners ETF​

ATH Breakout! Previous $66.98 ATH, Now Initial Support​

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$RGLD: Royal Gold, Inc​

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Key Support Levels:​

1. Green Trendline on Daily Chart
2. $147 LT Horizontal Support
3. "Stink Bid" Accumulation Line on Weekly Chart

jog on
duc

 

[Garpal Gumnut]

Gold continues it's ascent to $4000. My near term target is $4400 just mainly because it is a neat number. ( not in the Americano understanding of neat as in nice, it is a neat tucked in let's relax for a while and form the lower end of a trading range number ). I don't do nice. Gold is a serious commodity as we turn inwards towards isolationism and wars continue between the powerful and the weak. Sorry to be so depressing about it.



gg

 

[rcw1]

...

Anyways, rcw1 tips PoG to be US $4000 by Christmas 2025 ...

Have a very nice night

Kind regards
rcw1

Gold is good ... he heavy lifting continues in spades

Kind regards
rcw1

 

[mullokintyre]

Gold is good ... he heavy lifting continues in spades

Kind regards
rcw1

View attachment 210531

@rcw1 , you need to upgrade your memes.
Gold is good has morphed into Gold is GREAT!.
Mick

 

[Dona Ferentes]

Nearly every time I look at this thread

Gold Price - where is it heading?​

I tell myself , UP , and smile

 

[mullokintyre]

Nearly every time I looked at this thread

Gold Price - where is it heading?​

I tell myself , UP , and smile

Not bad for a "Pet Rock".
Mick

 

[mullokintyre]

One of the consequences in the gold price surge is the boost to balance of trade.
Gold exports totalled 24.5Billion in 2022-2023 year and 34.3 billion in 2023 -2024 year.
Back in March, articles were touting huge increases this year with forecasts as high as %56billion and takes up position 5 on Australia's list of most valuable exports.
Given the increase in gold since then, it may well be higher.
Mick

 

[qldfrog]

One of the consequences in the gold price surge is the boost to balance of trade.
Gold exports totalled 24.5Billion in 2022-2023 year and 34.3 billion in 2023 -2024 year.
Back in March, articles were touting huge increases this year with forecasts as high as %56billion and takes up position 5 on Australia's list of most valuable exports.
Given the increase in gold since then, it may well be higher.
Mick

View attachment 210537

that is one of my few point of good economic news for the country.Will this be enough or another lost opportunity like gas has been?
at least we can personally benefit from "gold up to the stars" scenario

 

[TimeISmoney]

Onwards and upwards for the good people of ASF.

I've been bullish on gold but never thought it would hit this high before the years end.

 

[Sean K]

This is all lovely to watch, but it's going to be interesting to see what form an inevitable correction will take. Ideally we'd like to see a April to August type consolidation before pushing on. That could just be some profit taking and new positions being made. We could even get some quarterly results from the gold miners flowing in to see how the unhedged are printing cash. I'm not sure if that's factored into the gold stocks even after some terrific gains. It's hard to see what's going to cause a crash in the price of gold and silver though that would potentially shake a lot of nervous punters out causing a cascade of selling. It's hard to see what sort of negative shock (to the price) would initiate it.

 

[Garpal Gumnut]

I'm happy with "Gold is good".

Your post above @Sean K is moot. I'm content for Gold to be a quiet little rooster, roostering up gently.

Gold is great has a degree of vulnerability, although I understand the reasoning behind it. I don't want any feather duster business.

gg

 

[finicky]

Strangely muted performance from the gold miners today? Barely in positive territory as a bunch.

 

[TimeISmoney]

This is all lovely to watch, but it's going to be interesting to see what form an inevitable correction will take. Ideally we'd like to see a April to August type consolidation before pushing on. That could just be some profit taking and new positions being made. We could even get some quarterly results from the gold miners flowing in to see how the unhedged are printing cash. I'm not sure if that's factored into the gold stocks even after some terrific gains. It's hard to see what's going to cause a crash in the price of gold and silver though that would potentially shake a lot of nervous punters out causing a cascade of selling. It's hard to see what sort of negative shock (to the price) would initiate it.

Indeed, at some stage, there will be a liquidity grab, and everyone will pile on and make the matter worse, maybe even a few fake moves to take people's holdings at a cheap rate and let people think there's lots of stability when the price comes back up. You'll see a heap of loss in gold miner stocks if the POG lowers, even on the ones that priced production around the 2500 USD/ oz. It's the nature of the beast; you snooze, you lose here.

China is ruling the roost here at the moment in the gold markets, and there are lots of scenarios of how this could play out. The US and Europe could be pushing the price higher to limit China's buying. This is not a proven fact, but something that could be playing out behind the scenes.

The USD is the major currency to trade in, so there will be many still holding and worried about what would happen if it devalues.
Pretty sure at this current point in time, everyone is trying to protect their economies and currencies in case the US decides to devalue the USD and or flip, then start the money printing presses against their gold holdings. Every nation holding large stocks of gold is going to be ready and copy it. Gold is power; if you're holding a lot, you wouldn't want to devalue it or limit its losses.

 

[Garpal Gumnut]

Indeed, at some stage, there will be a liquidity grab, and everyone will pile on and make the matter worse, maybe even a few fake moves to take people's holdings at a cheap rate and let people think there's lots of stability when the price comes back up. You'll see a heap of loss in gold miner stocks if the POG lowers, even on the ones that priced production around the 2500 USD/ oz. It's the nature of the beast; you snooze, you lose here.

China is ruling the roost here at the moment in the gold markets, and there are lots of scenarios of how this could play out. The US and Europe could be pushing the price higher to limit China's buying. This is not a proven fact, but something that could be playing out behind the scenes.

The USD is the major currency to trade in, so there will be many still holding and worried about what would happen if it devalues.
Pretty sure at this current point in time, everyone is trying to protect their economies and currencies in case the US decides to devalue the USD and or flip, then start the money printing presses against their gold holdings. Every nation holding large stocks of gold is going to be ready and copy it. Gold is power; if you're holding a lot, you wouldn't want to devalue it or limit its losses.


View attachment 210561

I just wondered the source of the "Gold Reserves by Country" as I recently posted an image from the World Gold Council which varied from the figures posted.

I'm not suggesting it is not a valid. way at looking at gold holdings by country as the definitions can be confusing even for "holding". This is the image from a post 2-3 pages back.



gg

 

[houtman]

Strangely muted performance from the gold miners today? Barely in positive territory as a bunch.

Yes, been similar the last 3 days for me.

I'm not suggesting it is not a valid. way at looking at gold holdings by country as the definitions can be confusing even for "holding"

Tether has also entered the chat in a meaningful way, adding more confusion to definitions - from the MoM lads -

Tether added 19 tonnes of gold to its balance sheet in H1 2025 - 15 tonnes in Q2 alone.That’s about what China’s central bank bought over the same period.Wait for Q3 figures...

 

[ducati916]

I just wondered the source of the "Gold Reserves by Country" as I recently posted an image from the World Gold Council which varied from the figures posted.

I'm not suggesting it is not a valid. way at looking at gold holdings by country as the definitions can be confusing even for "holding". This is the image from a post 2-3 pages back.


View attachment 210569
gg

LOL at 2200 tonnes.




The above from 2020

Full:https://goldbroker.com/news/china-owns-lot-more-gold-than-its-letting-on-2281

At 2022




Full:https://seekingalpha.com/article/4581854-estimating-the-true-size-of-chinas-gold-reserves


Add a few more tonnes to that and we may be close.

jog on
duc

 

[TimeISmoney]

I just wondered the source of the "Gold Reserves by Country" as I recently posted an image from the World Gold Council which varied from the figures posted.

I'm not suggesting it is not a valid. way at looking at gold holdings by country as the definitions can be confusing even for "holding". This is the image from a post 2-3 pages back.


View attachment 210569
gg

It's a snapshot from the same site, might be monthly or weekly sales, click on it, and it goes to the same stats you have above?

Gold Data | Gold Statistics | Goldhub

Discover the gold data that helps you analyse and understand gold. Utilise our interactive charting tools or download our gold statistics here.

www.gold.org