The below gold price forecast article is based on one of our premium gold analyses. Winner in 2013 – the year of gold's historic price crash, but with a forecast over 13% away from the outcome – he also won in the bull year of 2012 and again as joint winner in 2019 as well as winning silver in 2015 plus 5 other forecasts before that. When it comes to gold we expect a rough year: steep rallies and good retracements. Gold Price Forecast Trend; 2021: US$ 2,300: Source: Gold will soar 22% next year as investors protect against rising inflation, Goldman Sachs says. Gold forecast remains bullish in 2021 as central banks keep committed to supporting recovery. That compares with a recent price of $1,888, according to data from Bloomberg. Bo Polny, analyst at Gold 2020 Forecast, holds possibly the most verifiably accurate Bitcoin & Gold Track Record Forecasts in the world. Gold forecast to lose shine in 2021 as prices fall. technical analysis tools like Moving averages indicate a short-term bearish trend. 2021-04-19 2021-04-19 Situations look favorable for gold. We provide future CYCLE Dates, Price Direction & occasional Price Targets BEFORE market turns sharply up or down; many consider CYCLES an big 'INSIDE EDGE'! Suffice it to say that whatever impacts gold is also likely to impact silver—here’s a list of those possible catalysts, in our Gold Predictions article. 0. In our Metals Market Annual Recap (snippet below), I noted how record low gold eagle coin sales likely marked a bullish turning point for precious metals. The lowest 2021 gold price forecast comes at $1650 from René Hochreiter of Noah Capital Markets/Sieberana Research in Johannesburg. Gold prices came in third place with 140 participants or 14% expecting the yellow metal to be the best performing asset in 2021. Gold Forecast today 9 March 2021 by FxForecast24 on TradingView.com. Gold ran from $250 in 2001 when 9/11 occurred, to $1930 in 2011. Barrick Gold Stock Forecast: Starting the year at 2016 high. This is about 11% above where gold futures currently trade today. Source: Trading Economics. Summary Forecast Stats Download Alerts Gold consolidated around $1,760/oz on Friday, hovering near seven-week highs hit in the previous session, buoyed by a weaker dollar in tandem with US Treasury yields, which bottomed at monthly lows of 1.55%. Please see our methodology page for a better understanding of how this forecast is created. Goldman Sachs cut the forecast pointing to a rotation into riskier assets as a reason for the metal’s under-performance. Based on all these factors, here are my predictions for the silver price for both 2021 and where the silver price could be in the next 5 years. The fear trade lasted ten years, and now has been dormant for ten years. This year was no exception. As of 4:40 PM EST gold futures basis the most active June... View Report. Mar 26, 2021 1:30 PM -07:00 James Stanley, Senior Strategist. Long term outlook remains positive as long as key support around $12.31 withstands. The gold price prediction today, and the gold price forecast 2021 looks like it could be a really positive one, and it also comes off the back of a really good year in 2020 for the precious metal which had many geo-political factors impact its price and its growth in an upward trend. Gold trades lower within a narrow trading range. Last Update: March 09, 2021. Thursday, April 15, 2021 - 18:14 by Gary S. Wagner. In the first month of 2021, gold prices averaged $1,866.98/oz, 0.46 percent up from December. Our 2021 forecast for emerging markets is bullish. Before diving into the gold forecast 2021, we want to quickly recap the latest trends that might drive the value of the metal going forward. 8). Today both gold and silver had substantial gains as yields dropped for U.S. 10-year Treasury notes to 1.56%, and geopolitical tensions rose between the United States and China as well as Russia. Gold Forecast: Sitting Just Below 50-Day EMA. Check out the Gold Price Predictions for the period between Apr 2021 – Sept 2021. moments ago Christopher Lewis Technical Analysis BTC/USD Forecast: Bitcoin Continues to Struggle with $60K. Gold Price continue to move within the correction and the downward channel in the last week 8-12 March 2021. Several of the large US investment banks are bullish on gold. That cycle is going to flip in 2021. Gold Forecast and Analysis ,Daily Gold Forecast March 15, 2021. Below is a forecast of the price of gold broken down by month. Barrick Gold Stock (GOLD) is starting the year 2021 by testing the resistance around 2016 high at $23.47. Gold Price Prediction for April 2021. As a reminder, last year Bank of America made their forecast for gold to hit US$3,000/oz by October 2021. We will also review the latest gold price forecast for 2021 through some famous analysts’ eyes. Gold Price Forecast from Apr 2021 – Sep 2021. Gold, Silver, Bitcoin & Cryptocurrency . March 2, 2021 News Vanessa Zhou Vanessa Zhou. Gold price today in the USA. Spot Gold Forecast [March 15 – 19, 2020] Gold Uptrend Forecast: Gold forecast march An uptrend will start as soon, as the market rises above resistance level $1742, which will be followed by moving up to resistance level $1782.. AND. Want to receive our trading signals? Gold forecast 2021: Uncertainty a continued price catalyst. (20 February 2021) During the last year, the gold price increased from $1,479.13 to $1,858.42, marking a 25.6% growth year-over-year. In the following weeks the gold price dropped to the 200 days simple moving … The firm still sees upside for gold and its new target is $2,000 per troy ounce down from the previous estimate of $2,300/oz. Not a smooth year for gold and silver, as per our expectations. If that forecast proves correct it should bring some cheer to … Gold Price Forecast: Challenging support around $ 1700. At the time of the publication of the forecast today 15 March 2021, the price of GOLD is 1726 Dollars . Sentiment in the gold market is extremely bullish with many analysts expecting prices to retest August’s all-time highs above $2,000 an ounce. Gold Price Forecast: Market Risks and Why 2021 Could be Worse I’ve grown a little bearish over the near-term, given the excessive bullishness I see in options buying and retail trading. Top Forex Broker In The 2021. The key is the fear trade in gold resuming. Gold Forecast: Sitting Just Below 50-Day EMA. We also have to consider the Fed’s diminishing ability to respond effectively to crisis—their “toolbox” is indeed getting low. Goldman Sachs forecast gold prices to climb to an average $2,300 an ounce in 2021. Latest News. Analysts from Morgan Stanley expect a decline of the gold price. Our professional forex trading partner. My 2021 Gold Price Prediction. Next target is at $31 and long term price target is all time high at $55.95. CALL US (USA): +1 (949) 518-0818 World's Premiere. Gold Price Predictions For 2021. Forecast as of 19.04.2021Dmitri DemidenkoNot like the oil market, the place costs Gold 1968-2021 Data | 2022-2023 Forecast | Price | Quote | Chart | Historical | News. According to the website MineralPrices.com, gold price analysts of Morgan Stanley, a global bank, foresee a declining gold price in 2021 and 2022. moments ago Christopher Lewis Technical Analysis AUD/USD Forecast: Aussie Continues to See Consolidation. The bottom line is that the gold price trajectory in 2021 is very much dependent on the coronavirus situation. Prices are testing the area … Our 2021 forecast for cryptocurrencies is ultra-bullish. Gold Price Forecast: 2021, 2022 and Long Term to 2030. I will start our 2021 Gold Price Forecast with a quick update on physical demand. 9) lesson in gravity also aligned the yellow metal with its triangle-vertex-based reversal point (indicating that gold has indeed topped right at it – on Thursday, Apr. Goldman has a price target of $2,300 a troy ounce. XAU/USD price could push higher if it manages to break above $1,930. Christopher Lewis on April 12, 2021 Latest News. Gold Price Forecast – Collapsing Dollar Could Push Gold to $2300 by May 2021 The dollar is in the middle of a significant devaluation. You can join our signal team by signing up on our website or sending us a WhatsApp message on : +44 7551 072897. The Gold price on the daily chart reached a new all time high at $ 2 089.2 on August 7. Silver will follow gold higher, and the GSR (gold-silver ratio) will shrink to less than 50. Gold Price Technical Forecast: Big Break Awaits as Gold Goes Range. moments ago … November 16, 2020. Gold price forecast weekly chart 22_26 March 2021. My forecast for the gold price in 2021 is based on the current environment of negative real yields, a weak dollar, rising inflation expectations, and ongoing monetary and fiscal stimulus. Gold price this month chart is presented below: Gold’s Performance in 2020. It is no secret that gold prices tend to benefit from the rising uncertainty, whether in the economic or political arena. XAUUSD Chart by TradingView. Enjoy: With gold jumping for joy during much of last week, Friday’s (Apr. IG CLIENT SENTIMENT INDEX: GOLD PRICE FORECAST (April 15, 2021) (CHART 4) Gold: Retail trader data shows 80.64% of traders are net-long with the … Premiums have jumped, and Gold Eagle coin production is up over That turned out to be timely as demand for precious metals soared in 2020. This forecast is based on prior values of London Fix gold rates along with other factors such as currency exchange rates, interest rates and other commodity prices. Gold 25 year price graph – Gold is currently USD 1,923/oz but is forecast to go higher in 2021. China is forecast for potentially double-digit growth in 2021 with a strong tailwind from this year’s stimulus measures and a robust recovery in consumption. Forecast of Gold Price. The gold analysis and forecast for March 2021 and beyond is difficult to model as the near-term weakness contrasts with the multi-year strength dating back to mid-2018