Will Gold Price Continue To Drop

In the beginning price at 2567 dollars.

Will gold price continue to drop. Our 2021 forecast is strongly bullish with a big spike. High price 2683 low 2427. By betting on gold investors are essentially shorting the human race.

A bull market starts slowly and picks up in speed over time. But several factors could send prices crashing back down to earth. So this an early stage bull market in precious metals and our gold price forecast reflects a strong start in 2021.

We predict gold s price could rise to the 2 200 2 400 area in 2021. The average for the month 2568. That s because the metal benefits from the ongoing human and economic turmoil unleashed by the coronavirus pandemic.

The gold price forecast at the end of the month 2567 change for november 0 2. Lasalle futures group senior market strategist charlie nedoss warned that a move below 1 820 would trigger stops that are under there and 1 800 would be next. Gold price forecast for december 2022.

Here is a list of three things that could crash gold in 2020.