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Here’s how the price of gold may rise in the next decade, according to experts

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Although experts have differing opinions as to exactly how much an ounce of gold might be worth in a decade, they all seem to agree that the price is headed up. 

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Gold has multiple common uses. It’s a currency, a material used in jewelry and it’s a crucial component in manufacturing. Gold is also an investment vehicle – one that’s commonly used as a source of protection against inflation, market volatility and economic unrest

If you have gold in your portfolio, or you’re thinking about adding some of the yellow metal to it, you’re probably wondering how much money an ounce of gold will be worth in the future. While there’s no crystal ball that can give you an exact figure of what gold might be worth in a decade, there are plenty of expert predictions to consider. 

Add gold to your portfolio now to take advantage of potential price growth ahead

Here’s how the price of gold may rise in the next decade

Vijay Marolia, money manager and managing partner at Regal Point Capital, expects the price of gold to be “at least” $3,000 an ounce in 10 years (the price of gold today is around $2,000 an ounce).

Marolia offered a thought experiment to show how the price of gold grows over time, saying “100 years ago, to purchase a custom tailored suit, a man would expect to pay around $20… Keep in mind that an ounce of gold was officially priced at $20.69.” He went on to explain that, “today, that same bespoke suit would cost upwards of $2,000; or the price of one ounce of gold.”

“Inflation and increased worldwide debt loads, all will raise the tide for commodities like precious metals,” explains Matt Willer, managing director and partner at Phoenix Capital Group. When asked to predict what the price of gold will be in 10 years, he said, “$3,800 is my call for 2034.” 

“My answer to the gold question is quite simple,” says Mark Charnet, founder and CEO of American Prosperity Group. “If the appreciation of gold per ounce is just 7.2% per year, the price will be twice as much over today’s price in 10 years.” However, Charnet says, “no one has the crystal ball to be any more accurate.”

Expert opinions surrounding how much money an ounce of gold will cost in 10 years are all over the board. That’s because there’s no way to tell exactly how much the precious metal will be worth in the future. But they all seem to agree on one thing, the price of gold is likely headed up

Don’t miss out on the gains experts are expecting in gold’s price. Add the precious metal to your portfolio today

What factors cause movement in the price of gold?

If you plan on investing in gold, it’s a good idea to familiarize yourself with the factors that play a role in the movement of the commodity’s price. Here are some of the most important drivers of the price of gold

  • Inflation: “Let’s not forget that inflation plays a key role in demand for gold,” explains Marolia. “Central banks around the world are inflating their currencies,” which will likely lead to further increases in the price of gold. 
  • The dollar: “As we price gold in dollars, gold’s price will reflect the inverse of the trust in the U.S. dollar,” says Vijay. In other words, if trust in the dollar falls, the price of gold will likely rise. 
  • Demand: Demand is integral in the price of most assets, including gold. Growing demand for the precious metal can lead to increasing prices while prices may fall if demand wanes. 
  • Market and economic conditions: Gold has long been regarded as a safe-haven investment. As such, investors often flock to the precious metal as a way to keep their investments safe during times of market or economic uncertainty. This can cause the price of gold to climb. 
  • Geopolitical conditions: Geopolitical conflicts can wreak havoc on economies, the stock market and commodities markets – particularly those centered around oil, gas and other consumer staples. As such, investors often use gold as a way to maintain the value of their portfolios during times of geopolitical uncertainty. 

The bottom line

There’s no way to know exactly how much an ounce of gold might cost 10 years from now. However, most experts predict that the price of the precious metal will be significantly higher in 2034 than it is today. Consider adding gold to your investment portfolio to make sure you don’t miss out on the gains many experts are expecting ahead



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“Matlock” star Kathy Bates – CBS News

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“Matlock” star Kathy Bates – CBS News


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Academy Award-winning actress Kathy Bates sits down with Turner Classic Movies host Ben Mankiewicz to talk about her new TV show “Matlock,” which explores the “invisibility” of women of a certain age. She also discusses some of her most memorable stage and screen roles, including her performance as a violent psychopath in the Stephen King thriller “Misery,” and the message she shared with her late mother the night she won the Oscar.

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Pharrell Williams on “Piece by Piece” and his love of joy

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Pharrell Williams on “Piece by Piece” and his love of joy – CBS News


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Pharrell Williams, a self-described misfit who grew up in Virginia Beach, Va., saw and heard the world differently than most people. He has built a fascinating career as a musician, performer, and now creative director for Louis Vuitton Men. He talked with “Sunday Morning” contributor Kelefa Sanneh about the joy he finds in creativity, and about his new movie, “Piece by Piece,” an animated film that depicts Williams and all other characters as Lego pieces.

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Pharrell Williams on “Piece by Piece” and his love of joy

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On a rainy day in Paris, Pharrell Williams was at the headquarters of Louis Vuitton living the dream, at an office he prefers to call “a dream space.”

Last February, Williams was appointed the Men’s Creative Director. He oversees a staff of 200, and has already launched four new collections. His most recent, at UNESCO, paid tribute to the variety of the human race.

Louis Vuitton - Runway - Paris Fashion Week - Menswear Spring/Summer 2025
Pharrell Williams on the runway at the Louis Vuitton fashion show during Milan Fashion Week Menswear Spring/Summer 2025, held at Maison de l’Unesco, June 18, 2024, in Paris.

Giovanni Giannoni/WWD via Getty Images


Asked what is most satisfying watching his designs come down the runway, Williams said, “You’re gonna hate this answer: All of it!” he laughed. “Come on, man. It’s a dream!”

For more than three decades he’s been helping to make some of pop music’s biggest hits, from Nelly’s “Hot in Herre” to Gwen Stefani’s “Hollaback Girl,” while helping to bridge the gap between pop culture and high fashion.

He says the runway is just another way for him to show people who he is: “I always want to evoke a sense of joy, ’cause I feel like the world, there’s a deficit of joy.”

Sanneh asked, “But I imagine you do still have to pay attention to, ‘Are people buying these clothes that I made?'”

“Sure; that’s when you start questioning the success,” Williams said. “But like, man, you gotta enjoy it. If you enjoy it, nine times out of ten, somebody else gonna enjoy it.”

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Pharrell Williams at the studio he added in the Paris offices of Louis Vuitton. 

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Now there’s something new to enjoy: “Piece by Piece,” an animated Lego movie about Williams’ life, directed by the award-winning documentarian Morgan Neville. Last month, at the Toronto Film Festival, Williams said he still can’t believe he got to make this film. “I’m from a marginalized community where we often hear the word ‘no’ all the time,” he said. “For whatever reason, [for ‘Piece by Piece’], we got a lot of yeses.”

“This seems like one of your superpowers is getting people to say ‘yes’ to things they might otherwise say ‘no’ to,” said Sanneh.

“It wasn’t that hard; it’s just harder for people who look like me,” Williams replied. “But when we tell it in Lego, now it’s universal. Replace Black with LGBTQIA, or Indian, or Asian, or short, or plus size, or anything. LEGO is the great equalizer.”

To watch a trailer for “Piece by Piece,” click on the video player below:


PIECE BY PIECE – Official Trailer [HD] – Only In Theaters October 11 by
Focus Features on
YouTube

As a boy growing up in a Virginia Beach apartment complex, Williams, a self-described misfit, saw and heard the world differently than most people, through a condition called synesthesia, by which he “sees” the colors of sound: “For me, sight and sound are still connected, so they send ghost images to each other. It’s a condition, but also at the same time it’s a gift, because I don’t know how I would make music if I couldn’t see it. That’s the way that I conceptualize it.”

With his childhood friend Chad Hugo, he formed a duo called The Neptunes. They were discovered by the music producer Teddy Riley, who saw them perform at a high school talent show. In 1992, around the time of his 19th birthday, Williams helped Riley write a hit single called “Rump Shaker,” recorded by the hip-hop group Wreckx-N-Effect.

Williams said, “If it wasn’t for Teddy Riley, I wouldn’t be sitting here right now. ‘Cause I was in Virginia Beach, Virginia, where there was no music studio or music industry or anything like that.”

The Neptunes produced a string of hits, and then Williams branched out on his own, becoming a real pop star. His voice was everywhere, although Williams himself had mixed feelings about it: “I had a song called ‘Beautiful’ with Snoop, right? Girls heard me singing that; I heard Mickey Mouse! I swear to you, when you just get a moment and you just listen, you’ll never be able to un-hear it again. But that’s what I hear.”

“Sexy Mickey Mouse?” asked Sanneh.

“No, not sexy, just Mickey Mouse. It was wild for me.”

By the early 2000s, Williams says he felt lost: “I had moved away from being a student, and things became too formulaic. And that was troubling to my spirit, and I could no longer feel what I was doing.”

He rebounded by being a bit more open to new ideas – working with Daft Punk on “Get Lucky,” and Robin Thicke on “Blurred Lines.”

“Get Lucky” by Daft Punk featuring Pharrell Williams and Nile Rodgers:


Daft Punk – Get Lucky (Official Audio) ft. Pharrell Williams, Nile Rodgers by
DaftPunkVEVO on
YouTube

The producers of “Despicable Me 2” asked him to write a song for the soundtrack … something happy. “I would’ve never written a song called ‘Happy,'” he said. “It was commissioned for me to do. And on top of that, I didn’t think I was gonna have any more, like, hit records. The universe was like, ‘Well, not only are you wrong about that, but I’m gonna have three different commissions come from three different places, and these are gonna be the biggest records for you.’ It just humbled me because it was like, I couldn’t be pompous. I couldn’t be arrogant.”

“Happy” by Pharrell Williams:


Pharrell Williams – Happy (Video) by
PharrellWilliamsVEVO on
YouTube

Naturally, Williams, now 51, created the theme song for the new movie “Piece by Piece”:


Piece By Piece (Official Audio) by
PharrellWilliamsVEVO on
YouTube

He’s put a music studio in his office, so he can make songs while simultaneously working on the next Louis Vuitton collection. But he says he never feels as if he’s on the clock.

Asked if the pressure to create takes some of the joy out of it, Williams replied, “It’s not a pressure; it’s a privilege. You can’t go wrong when your aim is to enjoy what you do. You can’t go wrong.”

      
For more info:

       
Story produced by Robbyn McFadden. Editor: Steven Tyler. 



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