What Is The Trend Of Gold Prices In The Future

On a bullish track.

What is the trend of gold prices in the future. A couple interesting points to highlight from these analysts. By lyn alden founder lyn alden investment strategy december 13 2020. Many analysts were forecasting a rise to 3 000.

Expected gold rate tomorrow trend and outlook for this week and month. Two project it will average in the 1 900 range. I predicted a 20 year bear market in gold in the wellington letter in 1981 based on my cycle.

Gold price forecast and gold rate prediction for tomorrow 2021 2022 and 2023. Gold price forecast for next days and months in india. Therefore if you invest in this commodity today the revenue is expected to be around 10 49 in 5 years.

The price of gold had soared above 800 in 1980. This is what their gold price forecast 2020 looks like. So our gold price forecast represents more of a spike rather than an average gold price.

So this an early stage bull market in precious metals and our gold price forecast reflects a strong start in 2021. After a strong 2019 the gold price took a hit in march 2020 as global liquidity evaporated and real interest rates spiked. Gold price forecast 2021.

Towards the end of 2019 the price of gold sat around 1 470 per oz and this growth came about for a number of reasons but the most obvious of them being the possibility of an impending recession globally. The 2019 growth for gold sat at around 15 percent which is one of the biggest years for gold since 2010. In their latest gold price prediction the bank s analysts said they see the metal rising to 2 200 per ounce in three months and to 2 400 per ounce in six to 12 months.