Gold is no longer just a traditional safe haven for investors during crises. In recent years, its role within the global financial system has begun to change, driven by rising debt levels, increasing geopolitical risks, persistent inflation fears, and the trend among some central banks and investors to diversify their reserves away from excessive reliance on dollar-denominated assets.
As the markets enter a new phase between 2027 and the end of the decade, an important question arises: Could gold reach levels between $8,000 and $10,000 per ounce?
A rise to these levels would be significant, but not impossible if current structural trends continue.
One of the most important factors supporting gold in the long term is the continued rise in global debt. The problem is not only the size of the debt, but also the cost of financing it. Rising interest rates and bond yields increase the cost of servicing government debt and put further pressure on public budgets.