Will gold ever lose its value? Gold can lose value, but losing all its value is a different question. Its price can fall when demand weakens, interest rates rise, or the U.S. dollar strengthens. Buying at a high price can leave you with losses, and there is no guarantee of a quick recovery.
Becoming completely worthless appears unlikely because gold has uses in jewelry and technology, along with demand from investors and central banks. However, those sources of demand do not guarantee any particular price.
Gold also produces no interest or dividends, so your return depends on its selling price after costs. Even if its price stays unchanged, inflation can reduce its purchasing power. Gold can preserve wealth, but it is not a risk-free investment.