Gold Price Market Analysis
Gold eagle features gold articles and reports from world acclaimed gold analysts and financial experts from around the globe.
Gold price market analysis. Jan 29 2021 gold price futures gc technical analysis intraday bulls take advantage of light volume fueling whipsaw friday s price action indicates the near term direction of april gold will. Gold price prediction for january february 2021. You can see that most analysts predict gold will exceed 2 000 per ounce in 2021.
Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. The analyses matter because gold silver and mining stocks are likely to decline in parallel with a decline in stocks and. Key gold levels to watch amid georgia senate runoff risk 2021 01 05 10 30 00 justin mcqueen analyst gold price analysis news.
By egon von greyerz founder matterhorn asset management. Gold price settles below the broken support analysis 29 01 2021. Two project it will average in the 1 900 range.
This suggests a possible upside of 37 0 from the stock s current price. And of those i found all are very bullish long term though this survey is not exhaustive as there are always analysts who are bearish. 15 equities research analysts have issued 12 month target prices for barrick gold s stock.
Epic gold market to follow epic stock market bubble. On average they expect barrick gold s share price to reach 30 64 in the next year. Gold price remains down following 4 rise in u s.
With a market share of 16 per cent south africa is the most important producer of gold. A couple interesting points to highlight from these analysts. Most commonly quoted in us dollars xau usd gold.