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Gold Price Forecast

May 5, 2016

FFC is forecasting the price of gold to be $1259 per troy ounce for May 2016, up from April's average of $1241.86.

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 Apr 2016 1,241.9 ±0
1 May 2016 1,259 ±20
2 Jun 2016 1,234 ±26
3 Jul 2016 1,224 ±29
4 Aug 2016 1,236 ±32
5 Sep 2016 1,238 ±35
6 Oct 2016 1,221 ±37

Updated May 2016

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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
May 25, 2016 (Close of Day)
Indicator Value
S&P 500 2,090.54
US GDP Growth, % 1.95
US Inflation Rate, % 1.13
US Unemployment Rate, % 5.0
Gold Price, $/oz 1,220.60
WTI Oil Price, $/bbl 49.56
US 10 Yr Treasury, % 1.87