Comparing Three Key Gold Bull Runs
Gold has experienced significant growth during certain decades, and comparing these periods paints an interesting picture. A chart from Incrementum (see image below) illustrates gold’s performance in the 1970s, 2000s, and the current 2020s. These three time frames featured notable bull runs in gold. In the first five years of each decade, gold rose by 452% in the 1970s, 52% in the 2000s, and 73% so far in the 2020s.
Still Early in the Current Decade
As of 2025, we are only halfway through the current decade. Despite concerns that gold has already increased too much, history indicates otherwise. In fact, gold’s current rise of 73% is still much lower than the 452% increase witnessed in the 1970s. It is only slightly higher than the 52% growth observed in the early 2000s. Therefore, compared to past bull runs, the present one remains within a normal range.
What History Suggests About the Future
If historical trends continue, the second half of the decade could bring even higher gains. In the 1970s, gold surged an additional 162% in the latter half. In the 2000s, it increased by 150%. If a similar pattern occurs again, gold could potentially reach levels close to $7,000 by 2030. While this is not guaranteed, it indicates that there is still potential for strong upward movement in the coming years.
Short-Term Corrections Are Normal
During both the 1970s and 2000s, gold did not rise continuously; there were periods of decline or stagnation. These rests are a typical part of any long bull run. The current cycle may also experience short-term corrections or sideways movements, possibly by late 2025. However, this does not mean the rally is over.
Gold May Still Offer Good Opportunities
Many people fear that gold has already peaked, but current data does not support that viewpoint. The present rise is still moderate compared to past cycles. Dismissing gold due to its recent gains might result in missing out on the second half of a larger trend. Being aware of historical patterns can help investors remain patient and make informed decisions.
What are your thoughts on this ongoing gold rally? Do you believe that the best is yet to come? Share your views in the comments below! If you found this blog useful, don’t forget to SHARE it with your friends!
