The

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Gold Price Forecast for 2015

August 8, 2015

FFC is forecasting the price of gold to be $1097 per troy ounce for August 2015, slightly down from July's average of $1131.  Gold is predicted to trend UP over the next 6 months with the average price being about $1123 per oz t.

In the long run, however, gold will 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
50%
Correct +/-
80%
Correct +/-
0 Jul 2015 1,130.8 +/-0 +/-0
1 Aug 2015 1,097 +/-20 +/-35
2 Sep 2015 1,113 +/-26 +/-43
3 Oct 2015 1,130 +/-29 +/-50
4 Nov 2015 1,140 +/-32 +/-55
5 Dec 2015 1,135 +/-35 +/-59
6 Jan 2016 1,112 +/-37 +/-62
Updated Wednesday, August 05, 2015

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Gold Price Outlook

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

August 28, 2015 (Close of Day)

Indicator

Value

S&P 500 1,988.87
US GDP Growth, % 2.66
US Inflation Rate, % 0.17
US Unemployment Rate, % 5.3
Gold Price, $/oz 1,135.00
WTI Oil Price, $/bbl 45.33
US 10 Yr Treasury, % 2.19

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