How can you know if gold is a good investment today, tomorrow, or two years from now? First, you’ll want to learn the fundamentals: the factors that influence gold prices. These include supply and demand, the state of the economy and financial system, and the political landscape at home and abroad.

Such factors can offer context to your analysis of gold prices over time—another important step to determining whether you should buy gold. You can see a gold price chart for the precious metal’s historical price performance. You may want to look at a gold price forecast for the possible direction of gold prices in the future.

Taken together, this information can help give you an idea of the returns you could see on your investment.

Industry insiders, financial institutions, and prominent investors usually issue an annual gold price analysis forecast for the following year(s). You can find these gold price predictions, categorized by year, here.