Billionaire Joy Alukkas predicts gold prices will continue rising over the next two to three years. The Joyalukkas Group chairman, sitting on nearly 16,000 kilos of gold inventory across 200 stores globally, believes geopolitical tensions and economic uncertainties will support the upward trend. Gold has already surged over 75 percent in the past year, trading above $5,000 per ounce. While regional conflicts like recent Middle East attacks provide temporary support, Alukkas notes that sustained price movements require larger global triggers including US interest rates, dollar strength, inflation levels, and investor confidence. His $5.8 billion net worth is significantly tied to gold valuations, though rising prices also increase working capital costs for inventory replacement.