Spot Gold Price 2022

So, how will the spot price of gold do next year? Gold price in 2022? Will gold’s price go up? Will spot gold go down? Let’s see one gold investors educated guesses.

The creator of this video buys gold and other assets on a dollar cost average schedule and then buys more as price and interest allow. His primary focus is about buying gold coins. He does talk a little about cryptocurrency, mining stocks and other equities as well.

Spot Gold Price 2022

huge gold nugget found in Southern California

*Note – My own personal gold investment staggery is to invest in natural gold nuggets.

Just like diamonds, the larger the natural gold nuggets oh, the rare they are, and thereby command a higher premium over the spot price of gold. The vast majority of the world’s gold is mined as what is known as flower gold, which is very fine almost like powder. So, nuggets can command a price equal to the spot price of gold if they are relatively small. Realize that no gold whether fine gold or nuggets is found in nature as 24 carrots. There is always impurities in natural gold they can range from the host Rock (usually courts) and or iron, copper, silver and other metals.

This is the reason that very fine gold almost always sells at a discount to the spot price of gold. That is because the spot price of gold is based on refined 24 karat gold. Because gold nuggets are very rare, collectors will pay a substantial premium over the spot price of gold for these collector items.

If the economy keeps on the track it’s heading, and the global tensions persist or escalate, there will likely be on ongoing trend for countries banks to keep increasing their gold reserves. That would push the prices up, but as to how much remains to be seen.

I also think silver will fluctuate depending on inflation and the strength of the U.S. dollar, but once the world settles down and quits locking down every time someone sneezes, I would expect the industrial demands for silver will jump to address the western nations pushing for “green energy” products. That will, in turn, increase the use of industrial levels of silver and platinum and result in higher prices.

I’d guess expectations of gold going back up to $1900-2100 and silver going up to $30-45. Either way, it won’t stop my portfolio investing in precious metals as that hedge against inflation and the likelihood of the declining dollar strength.

Disclaimers: I am not a financial planner. I’m just a guy on the internet, talking about precious metals. This is for entertainment only. Who isn’t entertained looking at gold coins? As an Amazon Associate I may earn commissions from qualifying purchases. Any potential compensation I earn will not negatively affect your purchase. Thank you!