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Gold Price Forecast for 2015 2016

September 4, 2015

FFC is forecasting the price of gold to be $1113 per troy ounce for September 2015, about the same as August's average of $1117.50.  Gold is predicted to trend DOWN over the next 6 months with the average price being about $1118 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 Aug 2015 1,117.5 ±0
1 Sep 2015 1,113 ±20
2 Oct 2015 1,130 ±26
3 Nov 2015 1,140 ±29
4 Dec 2015 1,135 ±32
5 Jan 2016 1,112 ±35
6 Feb 2016 1,078 ±37

Updated Friday, September 04, 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
October 06, 2015 (Close of Day)
Indicator Value
S&P 500 1,979.92
US GDP Growth, % 2.72
US Inflation Rate, % 0.20
US Unemployment Rate, % 5.1
Gold Price, $/oz 1,147.50
WTI Oil Price, $/bbl 49.04
US 10 Yr Treasury, % 2.05