Gold Price Forecasts & Predictions

In each of the last three years, gold has gotten off to a strong start only to fizzle as the year moved along.  Will 2019 be the year gold finally breaks the pattern? A good many investors, fund managers and analysts think that 2019 might very well be the year when...

Last week, we discussed our outlook for 2019 and the factors that will soon drive price to multi-year highs, and eventually, new all-time highs. This week, let's take stock of the current situation and attempt to discern the direction of price in the near term.

On the one hand, it is closest to breaking the channel since it has been in November to the downside. This would obviously be bearish, especially if support at the prior low of 1278 is taken out. Momentum indicators such as the RSI and both MACDs have already turned...

For each of the past several years, we've written January posts that helped to serve as a road map for the year ahead. Though crystal ball gazing is an inexact science, on balance we've done a pretty good job with these forecasts. As 2019 dawns, we thought we should...

Investors should prepare for crazy and turbulent markets in 2019.  As the correction in the broader markets picks up speed and heads much lower, investor worry will start to turn into fear.  At this point, the precious metals will likely disconnect from the markets...

Goldman Sachs has forecasted the price of gold will rise this year driven by fears of slowing economic growth, according to CNBC.

What if I were to tell you that gold is within earshot of all-time highs. You’d call me crazy. But I’m not. Below is a chart which shows gold prices denominated in Canadian, Australian and U.S. dollars.

For the first time in more than five years, Goldman Sachs (GS) gold forecasts has turned positive (NUGT) in March. Goldman Sachs noted that rising volatility (VXX) and the potential for an additional sell-off in equities makes it bullish on gold despite...

– Gold and silver likely to reach highs over $1,650 and $28 per ounce. – On the high side, we may see a price increase of 30% for gold in 2019 as was seen in 2007 and 2010 and silver may surge 80% as it did in 2010 is possible (see table)

The technical picture is solid, but moderately overbought. Yes, we could see a bit of a pullback in the SPDR Gold Shares ETF  ( GLD) back to the $119 area, but then it could launch a nice run higher. Ultimately we could see this ETF move toward its highs in 2018...