Will The Gold Price Drop
High price 2683 low 2427.
Will the gold price drop. The average for the month 2568. This is because many foreign buyers purchase gold using dollars. Thorough update on 10 25 20.
We did see prices go just below 1 770. When the dollar strengthens against major currencies the prices of commodities such as gold drop. Gold price forecast for december 2022.
In the beginning price at 2567 dollars. The average for the month 2558. Please scroll down to find the most up to date gold forecast for 2021 post corona crash update posted on 08 08 20.
The big line in the sand for next week will be the 1 770 level which was the november low said moya. Everyone will focus on the november lows. I would be surprised to see 1 800 breached he said.
So our gold price forecast represents more of a spike rather than an average gold price. The gold price forecast at the end of the month 2555 change for december 0 5. The gold price forecast at the end of the month 2567 change for november 0 2.
Please scroll down to find gold price chart and insights 4 months after the corona crash lows. I d like to see gold hold around 1 850.