Will gold hit $5000? Gold is a type of asset that will not lose its demands in any situation. Even during the crisis and pandemic just like now, it is still relatively stable. Yes, it is although the value was once falling down when the Covid-19 pandemic happens. Throughout the year 2020, the gold has been strengthened by more than 13%. It is quite close to the highest level in 8 years. So, it is possible that the value will hit $5,000? All the possibilities are always there. However, there are some factors that influence the gold price in the future. If you are interested in investing your money in this form, you must know them.