Gold price in 2015

Discussion in 'Commodities Forum' started by waseem59, May 9, 2014.

  1. JaydonTyler

    JaydonTyler Well-Known Member

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    I doubt we see too much inflation with Gold. It's not something to start loading up on, but a slight elevation is likely. Might be a better idea to invest in food - as you will be needing it. Food will have a higher value then gold will for short period of time.
     
  2. ubergamer

    ubergamer Member

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    I believe that gold's price will rise. Dollar isn't very strong currently as well. So, gold's price will certainly increase. But it won't be a very big increment too.
     
  3. JR Ewing

    JR Ewing Super Moderator Staff Member

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    I have a little $ invested in an agricultural index as another hedge against inflation. That index has been making pretty big gains recently.
     
  4. suiac

    suiac Guest

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    I'm almost sure the price of the gold will go up. Not too much, though. I think there is going to be a slightly increase of the gold's price due to constant request.
     
  5. Determined2014

    Determined2014 Guest

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    I do not think that the price of gold will ever go down, that is one thing that will keep on going up, because people will always demand for gold, so I do not believe the prices will go down, they will always remain high.
     
  6. lavanderson

    lavanderson Member

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    The question at hand is how the value of gold vs. the U.S. dollar will change. It's insightful to think of it in terms of which is actually more stable. If you tried to barter for eggs with gold, would the amount of gold needed for one egg be a lot different than it was one year ago? Ten? Twenty? How does that compare to the amount of dollars one needs to trade for a single egg over that time?

    As has been said a few times, the dollar is on the fast track to inflation. Gold is likely to holds it's value pretty steadily, which means it will be worth a lot more dollars after the inflation than it was before.
     
  7. jondjacob

    jondjacob Well-Known Member

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    I like this idea. Agriculture seems like a pretty interesting choice for a hedge against inflation...everyone needs it.
     
  8. cameronpalte

    cameronpalte Well-Known Member

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    With how low it has gotten recently plus the very recent downturn in the stock market leads me to believe that over the next year the gold price will go up significantly.
     
  9. moneyman

    moneyman Well-Known Member

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    I believe it wouldn't rise as much as been expected but I assume there might be some growth. However, gold price depends a lot on US economic situation and if their growth is fast enough then the gold value should theoretically rise too.
     
  10. allswl

    allswl Member

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    Well if you believe Barclays plc then in 2015, the price of gold will be averaging about $1,180 an ounce. BMO Capital Markets also cut its 2015 outlook for gold and they expect that it will be around $1,190 an ounce. Some forecasters do not see gold on the up until maybe the second half of 2016.
     

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