gold price prediction Latest News

The price of gold is sitting right about a traditionally strong technical support level.

As predicted is our weekly comments, the price of gold is ready to go higher after building a base last week. That’s the prediction of Goldman Sachs.

The price of gold is heading higher according to a recent survey of gold price experts.

Analysts at Barclays remain bullish on the price of gold. The firm issued a report last week saying gold near $1725 per ounce could see renewed buying to push the price of the precious metal well over over $1840 per ounce in the medium term.

It could be a bullish run for gold in the next year according to a leading gold mining firm.

A major gold bullion analyst at Citigroup reported last week that he expected the price of gold to remain stable at around $1500 per ounce.

This week could be a positive week for the price of gold coins.

Bloomberg issued a report last week that the sales of gold coins around the world this month are tracking to a one-year high level.

Waiting for an opportunity to invest in the strong gold coin and silver coin markets?

In a Barron’s Magazine article last weekend, Rick Bensignor, Chief Market Strategist with Dahlman Rose called for a gold price target of $2,200 per ounce in the next five years.