Advertise | Bookmark | Contact Us | E-Mail List |  | Update Page | UraniumSeek.com 

Commentary : Gold Review : Markets : News Wire : Quotes : Silver : Stocks - Main Page 

 GoldSeek.com >> News >> Story  Disclaimer 
 
Latest Headlines

Gold Seeker Closing Report: Gold and Silver Gain About 1%
By: Chris Mullen, Gold Seeker Report

Northern Vertex Files Preliminary Economic Assessment Report for the Moss Gold Mine in NW Arizona
By: Northern Vertex Mining Corp.

Does The CoT Structure Prohibit A Rally?
By: Craig Hemke

Harry Dent’s Gold Prediction Invalidated
By: Przemyslaw Radomski, CFA

SELLING OUT OF PRECIOUS METALS AND BUYING BITCOIN…. Very Bad Idea
By: Steve St. Angelo

The Bitcoin Bubble Explained in 4 Charts
By: Jake Weber

VXX Sends an Awesome Message from Another Galaxy
By: Rick Ackerman

Geopolitical Risk Highest “In Four Decades” – Gold Demand in Germany and Globally to Remain Robust
By: GoldCore

Asian Metals Market Update: November-22-2017
By: Chintan Karnani, Insignia Consultants

Gold Seeker Closing Report: Gold and Silver Gain With Stocks
By: Chris Mullen, Gold Seeker Report

 
Search

GoldSeek Web

 
Gold will end next year at $1,400 an ounce – Capital Economics


 -- Published: Wednesday, 14 October 2015 | Print  | Disqus 

Gold prices are headed for a critical test according to The Week today. The Federal Reserve’s ‘wait and see’ stance suggests policymakers there are in no rush to increase rates this year. “Sentiment over interest rates has been controlling gold prices all year,” says The Week “as traders prepare for a rise that will lessen the attraction of non-yielding commodities and boost the dollar”.

Market analysts agree that a threshold is looming “in the form of the recent high in August and the 200-day rolling average gold price”. However, some are more optimistic than others. Mining.com point to analysts at Denmark’s Saxo Bank who “sense a change of sentiment is unfolding”, with a rise above the $1,170 August high confirming that “a floor has been established”.

Capital Economics are suggesting that gold could “hit $1,200 before the end of this year, rising to $1,400 by the end of 2016″.

Read the full article “Gold price rally heads for critical test

DAILY PRICES
Today’s Gold Prices: USD 1173.70, EUR 1028.52 and GBP 764.76 per ounce.
Yesterday’s Gold Prices: USD 1154.40, EUR 1014.95 and GBP 757.16 per ounce.
(LBMA AM)

Gold in USD - 1 month

Gold in USD- 1 Month

Gold was higher again yesterday closing at $1168, up $5.70 for the day. Silver closed marginally up at $15.90, up $0.05. Euro gold rose to €1026 per ounce, platinum lost $7 to $986 per ounce.

Knowledge is Power

Below are some of our most popular guides in recent months:

7 Key Storage Must Haves

10 Important Points To Consider Before You Buy Gold

Essential Guide to Tax Free Gold Sovereigns

Protecting Your Savings In The Coming Bail-In Era

From Bail-Outs To Bail-Ins: Risks and Ramifications

Currency Wars: Bye, Bye Petrodollar – Buy, Buy Gold

Essential Guide To Storing Gold In Singapore

Essential Guide To Storing Gold In Switzerland

Mark O'Byrne

| Digg This Article
 -- Published: Wednesday, 14 October 2015 | E-Mail  | Print  | Source: GoldSeek.com

comments powered by Disqus



 



Increase Text SizeDecrease Text SizeE-mail Link of Current PagePrinter Friendly PageReturn to GoldSeek.com

 news.goldseek.com >> Story

E-mail Page  | Print  | Disclaimer 


© 1995 - 2017



GoldSeek.com Supports Kiva.org

© GoldSeek.com, Gold Seek LLC

The content on this site is protected by U.S. and international copyright laws and is the property of GoldSeek.com and/or the providers of the content under license. By "content" we mean any information, mode of expression, or other materials and services found on GoldSeek.com. This includes editorials, news, our writings, graphics, and any and all other features found on the site. Please contact us for any further information.

Live GoldSeek Visitor Map | Disclaimer

The views contained here may not represent the views of GoldSeek.com, its affiliates or advertisers. GoldSeek.com makes no representation, warranty or guarantee as to the accuracy or completeness of the information (including news, editorials, prices, statistics, analyses and the like) provided through its service. Any copying, reproduction and/or redistribution of any of the documents, data, content or materials contained on or within this website, without the express written consent of GoldSeek.com, is strictly prohibited. In no event shall GoldSeek.com or its affiliates be liable to any person for any decision made or action taken in reliance upon the information provided herein.