# Thomas Kaplan gold price forecasts

> Live situation record from CLSTR: https://clstr.news/situations/thomas-kaplan-gold-price-forecasts
> Updated: 2026-08-25T02:33:28.000Z. Sources: 6. Developments: 2.

Thomas Kaplan, Chairman and CIO of The Electrum Group, has issued long-term forecasts predicting a tenfold increase in gold prices. Kaplan suggested that gold could reach values of $30,000, $40,000, or even $50,000 per ounce.

Kaplan characterized the potential rise as ‘not just likely, but inevitable,’ noting that the market is currently in a ‘very, very long wave’ for both gold and silver. He advised viewing market pullbacks as healthy corrections and historical buying opportunities rather than reasons for concern, emphasizing a strategy of long-term patience.

## Timeline

### 2026-08-25: Thomas Kaplan forecasts gold prices could reach $50,000

Billionaire investor Thomas Kaplan predicts gold prices could reach $50,000 per ounce, calling a tenfold increase ‘inevitable’ in the long term.

3 sources. https://clstr.news/cluster/thomas-kaplan-forecasts-gold-prices-could-reach-50000

### 2026-08-21: Thomas Kaplan predicts gold prices could increase tenfold

Electrum Group Chairman Thomas Kaplan predicts gold prices could increase tenfold, potentially reaching $50,000 per ounce in the long term, viewing market corrections as buying opportunities.

3 sources. https://clstr.news/cluster/thomas-kaplan-predicts-gold-prices-could-increase-tenfold

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Cite as: Thomas Kaplan gold price forecasts. CLSTR, https://clstr.news/situations/thomas-kaplan-gold-price-forecasts