Ancient Dreams is the third studio album by Swedish doom metal band Candlemass, released in 1988 and reissued in 2001 by Powerline Records with a bonus CD.

The cover art of the album is a painting made by Thomas Cole, second in his series, "The Voyage of Life", entitled "Youth".

[4] "Epistle 81" (Märk hur vår skugga), was written by Swedish poet/musician Carl Michael Bellman (1740 – 1795).

The band were not happy with the album's sound mix for which they blamed their then record label.

The band felt that the album production had been rushed in order to have the LP released in time for their US tour.