Gold industry sees price rising to $5,013 an ounce over next year
LBMA officials predict gold will reach $5,013 an ounce within a year, with silver, platinum and palladium also forecast to rise sharply amid rate concerns and geopolitical tensions.
Gold Market
LBMA officials predict gold will reach $5,013 an ounce within a year, with silver, platinum and palladium also forecast to rise sharply amid rate concerns and geopolitical tensions.
Gold, silver, platinum and palladium each have distinct supply, demand and market characteristics that affect their behaviour as assets.
Gold prices held steady as investors focused on upcoming US inflation data for clues on the Fed's interest rate path. Other precious metals edged higher amid global economic concerns.