Gold prices increased three times between 1998 to 2008 and post the great depression. Why? Because the US dollar came crashing down. Same is the case these days - due to zero interest rates and an even bigger economic recession amidst the pandemic, an increase in gold prices have been recorded. Gold has always proven to be superior to the currencies, even the US dollar. Gold may not drastically go through a price increase but it surely holds its value for long periods of time.