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Gold Price Forecast for 2015 2016

November 10, 2015

FFC is forecasting the price of gold to be $1109 per troy ounce for November 2015, down from October's average of $1158.20.  Gold is predicted to trend flat over the next 6 months with the average price being about $1120 per oz t.

In the longer run, gold will continue to trend down along with other commodities.

The forecast below breaks down predicted gold prices by month.

Gold Price Forecast Values

London Fix. US Dollars per troy ounce. Average of Month.
Month Date Forecast Value Error
0 Oct 2015 1,158.2 ±0
1 Nov 2015 1,109 ±20
2 Dec 2015 1,093 ±26
3 Jan 2016 1,113 ±29
4 Feb 2016 1,122 ±32
5 Mar 2016 1,139 ±35
6 Apr 2016 1,147 ±37

Updated Nov 2015

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Gold Price Prediction

Chart of Gold Prices with Current Projection.
London Gold Fix. US Dollars per troy ounce.
Chart of Gold Price Trend and Forecast
Other Gold Price Resources of Interest:
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Current Economic Indicators
November 30, 2015 (Close of Day)
Indicator Value
S&P 500 2,080.41
US GDP Growth, % 2.17
US Inflation Rate, % 0.17
US Unemployment Rate, % 5.0
Gold Price, $/oz 1,061.90
WTI Oil Price, $/bbl 41.68
US 10 Yr Treasury, % 2.21