The current gold mania, characterized by rapidly rising gold prices and heightened investor enthusiasm, is expected to last into much of 2026, potentially extending further depending on economic conditions. Some analysts forecast gold prices could reach or exceed $4,000 per ounce by mid-2026, driven by continued central bank purchases, monetary easing, inflation concerns, and safe-haven demand. The idea of a long multi-year gold bull run or supercycle is gaining traction rather than it being just a short squeeze. However, the duration could be influenced by factors such as government regulations, alternative asset competition, shifts in sentiment, and macroeconomic developments. Overall, the bullish scenario suggests the mania could continue well through 2026, possibly with spikes above $4,200 before the trend starts to ease.