Will gold prices drop or keep rising?

At the same time, the total amount of gold on paper (exchange-traded funds (ETFs), gold contracts, futures, options, etc. The World Gold Council, the market development organization of the gold industry, recently opined that the commodity will face two key obstacles. Gold prices can be extremely volatile, and that means that gold is not a fully stable investment. There is an obvious lack of supply of gold right now, global indebtedness is close to historic highs, geopolitical uncertainty is substantial, and Russia has begun to readopt a form of gold standard.