the prominent role of Asian central banks and buyers in the gold market; Will an ounce cost $5,000? Calcali Times wrote that due to the growing impact of central bank purchases and the strong demand of Asian investors in the gold market, the price of this precious metal can remain in the range of $4,200 to $5,000 per ounce in the next 12 to 24 months, and this trend will gradually reduce the impact of American interest rate fluctuations on the gold market. Irena Jahan.