Gold forecast25 Nov 2020 05:30
-3.17% -3.28% -5.20%
Gold Price Forecasts - Analyst Predictions
Gold-Eagle has been analyzing gold markets and publishing gold price forecasts for over 23 years. Our staff and contributing analysts include world reknowned precious metal experts and market analysts. The gold price forecast data below represents the average predictions of a diverse panel of expert gold market analysts. Their assessments of gold price trends are based on a variety of methods including: expert technical analysis, market fundamentals, current market sentiment, and an analysis of global economic and political events. Bookmark and/or link to this page to check back every week. Updated every Monday am.
Last Updated: November 17, 2020
Gold Forecast Short Term
BULLISH
PRICE DRIVERS FOR NEXT 6 WEEKS:
US dollar, lame duck stimulus or lack thereof, covid stimulus package, and real interest rates.
Gold Forecast 1 Year
BULLISH: $2,133
MEDIUM-TERM PRICE DRIVERS:
US dollar, fiscal stimulus, retest of 2011 all-time high, interest rates/bond prices, safe haven appeal.
Gold Forecast 3 Years
BULLISH: $2,950
LONG-TERM PRICE DRIVERS:
Weaker US dollar, Coronavirus stimulus round 2, central bank monetary easing, growth of the money supply, worldwide deflation, MMT, negative real rates, yield curve control, safe haven appeal.