Gold Forecast

Latest Gold Forecast Articles

The US Dollar Index is not a measure of the value of the US dollar relative to gold. However, there is a relationship between the US Dollar Index and gold price rallies. The best gold price rallies came during periods where the US dollar index was in a declining
Before we discuss the all-important similarity between the current gold price path and what we saw in 1983, we’d like to discuss why focusing on such similarities makes sense if it seems that gold’s price movement is simply based on the news – either from
For seven weeks now, gold has been bumping against its long-term down trend that has kept prices in check since 2011. Below we show the 8-year perspective for gold, noting the down trend in question (shown in magenta) that has been acting as resistance each time the pre
Throughout the year, we've seen several analysts change their opinions with regard to gold, revising forecasts upward each step of the way. Recently, RBC Capital Markets became the next to join the fray of analysts with bullish forecasts after adding $200 to theirs.
My June forecast predicted precious metals and miners would rise throughout August and into September. However, since then, gold prices have deadened, and I'm beginning to reevaluate the situation. After hours of analysis, I believe I found a dormant scenario that,
Last week, we posted an article titled the “Short-Term Correction Should Finish This Week”. The very next day, gold prices fell to a low of $1,310.70. That appears to have marked the cycle bottom. With the Fed meeting behind us, gold prices are primed to rise throug
Gold has seen big gains so far this year, and just about everyone agrees that it has more room to move up. Recently, I've been seeing a ton of forecasts that just seem far out there. You know, the people saying that gold can climb to become thousands of dollars per
Gold has been hot recently. Even now during the summer months, which is typically the slowest time of year for the shiny yellow. Yet, even with the $110 intraday surge on June 24th after the affirmative Brexit vote, gold still has some work to do to convince the
The non-farm employment numbers arrived at 287,000 jobs created last month versus the expected 175,000, ample figures. Gold and silver dropped on the news, but quickly recovered those losses. Surprisingly, the destitute May estimate of 38,000 jobs was revised, even
Gold has been an incredibly interesting commodity to watch as of late, and for good reason. The commodity has gained in value tremendously through the course of the year. With global economic concerns plaguing markets, investors are looking to the safe haven for pro

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