What will be the gold price in the upcoming year 2015. will it increase or decrease, if it is going to increase what are the expectations of the price. As per market research gold price is going to step forward in the upcoming year 2015.
Some people claim that due to the US economy going up, the gold price will also go up because of that. Some people even claim that it may go up as high as 3600$ per ounce. Personally I think the chances of it going up are very high due to the US economy being on a rise, but I don't think it will quite go as far as 3600 /oz, but I could be mistaken. How much it will go up is debatable, but the fact that it will go up is probably quite certain, as long as other countries in the world meets some kind of economical crisis that would affect the gold price.
I think the gold price is likely to go up in the coming years, the chinese economy is still booming although at a lower rate than the past. as long as the chinese economy is doing well, the demand for gold will continue to rise hence the price.
I assume that gold will go up because as people get more money again, there will be more of a demand for gold.
I assume that gold price is going to increase, since USA and Chinese economy are both on the pretty stable rise at the moment. There are some predictions that it'll go up to 3400$ per ounce. I'd say it's realistic.
This is an exciting speculation for anyone interested in this asset. The record prices of gold have been the result of the falling sentiment toward the dollar. The more the dollar is hated, the more love is shown to Au. It is like a law of trading nature of some sort. The real question would be, what will be bullish in 2015 the US Dollar or Gold. I think that if the dollar bounces back strong we will see a stabilization in or dip in the price of gold, but if the sentiment is not so good towards the future of the USD, we will see an increase in gold during 2015.
I think it is safe to assume that the price of gold will increase in 2015. Based on historical averages, it is predicted by many experts that gold will rise to $2315 per oz in 2015. In addition, I think there is a lot more persuasion over the price of gold because of the media. Every time I visit a website or watch TV there is some type of gold advertisement.
In my opinion, I think the price of gold and even silver are going to rise in 2015. My reasoning behind this is quite simple, actually. I have been a collector of gold and silver since I was ten. My father got me hooked on it because he told me one day the dollar would be worthless and only people with gold and silver would have money. So, there is some background so you know I am not some idiot up here just bumping my gums about something I do not have one clue about. Prices have gone up and down with the economy over the past years so, with that being said, it is very likely that we can deduce the prices will rise in 2015 given the prediction of the economy going up, as well. No matter what is still safe to say that precious metals are a safe investment. Due to the fact that in years to come we can't be to sure the dollar will be going up in value or even worth anything but, gold and silver will always have value because of its multi purposes in our society, today. It is very easy to think they will still have a purpose in the future whether in one year or ten years.
The price should fall, probably down to $1100. Gold is traded to make money mainly (and you don't even need physical gold to change the price). Gold is a back up to paper currency. As long as the paper currency is strong, the value of gold will be lower.
I see some tiny hickups in the stock indexes and these will make some investors change some of their funds from shares into more stable products, such as gold. So I'd say that gold is heading up, though I haven't placed any of my own money on this view at this point.
