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Gold at ATH.....what do your tea leaves say?

The tea leaves have spoken, the price of gold (currently $5465/oz $AUD) is:
In bubble territory - a correction is imminent, but buying the dip is a good idea.1 Vote · 11.11%
Overvalued - its time to start selling and continue doing so. Bear market on the horizon.0 Votes · 0.00%
Fairly valued, however there are other asset classes with more upside potential to focus on.2 Votes · 22.22%
Plateauing - minimal movement expected from here on.1 Vote · 11.11%
Undervalued - This is a great buying opportunity.5 Votes · 55.56%
I don't drink tea.0 Votes · 0.00%
9 Participants

This thread started way back in Sept '24 over on Silver Stackers. Unfortunately the poll closed after a week, so here it is again but with no limit on the time you have to cast your vote.

Back then, gold was 'only' $3825/oz $AUD

🤯

SilverBags has reacted to this post.
SilverBags

GOLD Very Under Valued, easy trippling - $15178.90

1Tim58 and samoth25 have reacted to this post.
1Tim58samoth25

I'm in the somewhat undervalued camp, it's gone up a lot lately and my guess would be 7k before a short pullback and level off over the next couple of years... But maybe I'm just a pessimist 😄

SilverBags has reacted to this post.
SilverBags

I can't see gold as anything but under-valued, the question is over what time frame will it correct if that's truly the case. It has certainly been very solid over the long term and a good investment in my mind. 

SilverBags has reacted to this post.
SilverBags

Well this morning's charts are a welcome sight indeed. Both metals testing record highs!

SilverBags and cheech have reacted to this post.
SilverBagscheech

And a great market close this weekend, both metals at record prices. 

myBullion and SilverBags have reacted to this post.
myBullionSilverBags

No votes for "Overvalued - its time to start selling and continue doing so. Bear market on the horizon."

Aren't we all just clever cookies 😁

SilverBags and Shaddam IV have reacted to this post.
SilverBagsShaddam IV

And with the new tariffs on China announced by the White House and the subsequent stock market moves metals may have an even stronger tail wind next week. 

Spaka and SilverBags have reacted to this post.
SpakaSilverBags

With all that's going on globally I completely missed that Trump added an additional 100% tariffs on China. Just another day in this crazy reality I suppose!

Shaddam IV has reacted to this post.
Shaddam IV
Quote from Spaka on October 12, 2025, 12:26 pm

With all that's going on globally I completely missed that Trump added an additional 100% tariffs on China. Just another day in this crazy reality I suppose!

I wonder if gold and silver might launch even further when markets open Monday on that news? 

Spaka and GoldenDayz have reacted to this post.
SpakaGoldenDayz