Revisiting Gold’s Historical Boom Cycles.
A 100-year gold chart shows that prices do not rise steadily. Instead, gold tends to surge in distinct waves, typically during periods of severe global financial instability:
+ 1970s (oil shocks and soaring inflation): gold prices skyrocketed, increasing by nearly 20x.
+ 1980 (peak inflation): a historic vertical spike formed, followed by a prolonged correction.
+ 2008–2011 (global financial crisis and the European debt crisis): gold broke above $1,000/oz and went on to set new highs.
+ 2020 (COVID-19 pandemic): prices reached around $2,000/oz.
+ 2025–2026 (geopolitical and macroeconomic turmoil): gold recorded its strongest rally in decades, pushing prices above $4,000/oz.
According to the IMF, persistent and sharp rises in gold prices often signal that a major financial regime shift is underway.
