Gold has shown unprecedented strength in recent years and, according to data from TradingView, it is experiencing its longest growth period since the 1970s. This uptrend has lasted approximately 3,550 days, during which the metal’s value has increased by an incredible 270%. A particularly sharp surge occurred in the last 1,000 days, when the price jumped another 140%.

Gold is growing at the fastest pace in almost half a century

There are several reasons for this rise. First and foremost, it is due to persistent inflation, which forces investors to seek safety outside paper assets. Another factor is the decline in confidence in traditional currencies and the growing demand for safe havens, which gold has historically represented. Also playing a role is the uncertainty in the global economy, as well as conflicts and geopolitical tensions, all of which strengthen the interest in commodities with long-term value.

The combination of these factors has created an environment in which gold continues to gain attractiveness. However, experts warn that even this trend has its limits. And right now, we may be at a point where the market is starting to show signs of overheating.

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Warning about a possible correction

According to the technical indicator RSI (Relative Strength Index), gold has entered a range that suggests its growth may already be too steep. RSI tracks the balance between buying and selling pressure. If the value exceeds 70 points, it signals that the asset is “overbought.” Currently, gold has surpassed 90 points out of 100, which is an extremely high level last recorded in 1979.

Such a situation has occurred only three times in history – in 1973, 1979, and now in 2025. After the first two cases, significant corrections followed. In 1973, the price dropped by 44% over 850 days, and after 1979, it fell by as much as 67% over 1,800 days. Milder overheating in 2006 and 2008 resulted in declines of 24% and 36%.

According to data from Curvo, September 1979, December 1979, and January 1980 rank among the three most profitable months in the entire history of the market. It was a period of extreme momentum when gold rose dynamically.

Today, however, the situation is different. The global economy operates in an environment of digitalization, low interest rates, and high debt. Central banks also hold record amounts of gold as insurance against monetary shocks. Therefore, even though a correction is expected, it may be less dramatic than in the past.