
Gold reached a bottom at $252.80 per ounce in 1999 and has made higher lows and higher highs for over two and one-half decades. After eclipsing the $875 high from 1980 in 2008, the bull market continued. At its recent high, gold was over 18 times its 1999 low.
Gold is in uncharted territory in early 2026, and the trend remains higher.