what will be price trend of GOLD?

Question

price trend of gold

Answer 1

I think that the gold prices will go down, as they are very high at the moment. Check this out:

http://www.kitco.com/charts/livegold.html

John

Answer 2

Gold just came out of a 20 year secular bear market. When gold prices bottomed in 2001, it became a slow rise. In February of this year, gold was sitting at about $550/oz. It then took of and reached over $730/oz. The recent run up was way too fast and gold prices needed to correct (which it did and fell back to the $550/oz. range). Gold prices have started to move back up and are currently trading around $650/oz. I believe we have entered phase II of the gold bull and this phase should push gold above $800/oz. When that will happen, only God knows. Based on inflation-adjusted prices, we could very well see gold hit $1000 and ounce with $2000-$2500/oz. gold very possible.

We have only begun this secular bull in gold. Keep watching it, I know you'll be amazed at how high the price gets.

Answer 3

For some top forecasts on gold’s direction, visit the site below:

I like the real GOLD nuggets.

As most gold is mined as very fine dust and tiny nuggets, the larger (over 1oz) nuggets are very rare! Actually they are as rare as large diamonds!

I would suggest you look into large nuggets!

To see the 'live' spot NY gold price and some museum size gold nuggets I suggest you visit a great site I found a few months ago. I purchase a few nuggets from them just about a month ago, and not only are they beautiful to look at but in just the last few weeks they have really moved up in value!

I'm actually saving to purchase others!

The site is:
http://www.california-gold-rush-miner.us
http://www.california-gold-rush-miner.us/australia-gold-nuggets.htm
http://www.california-gold-rush-miner.us/crystalline-gold-miner.htm
http://california-gold-nuggets-miner.blogspot.com

Answer 4

well, trend of commodity prices are determined by current supply and potential future supply, except for short-term fluctuations sourced by international politics. And what deterimens the supply is the yield. When we analyse yield curve, we expect that the price has to be going down in the medium run, as supply rises (look at: backwardation/forwardation)

Answer 5

as long as tensions in the middle east continue, and continue to rise, gold prices along with crude oil prices are more than likely to keep on the rise, and share prices on the downturn.

but there will come a time when there is a correction in the market, and middle east tensions ease, and this is when gold will dramatically drop, and sharemarket prices will start to stabilize and maybe even rise.

Answer 6

The price of gold will definitely rise as it has good liqwidity,craze,and as it is a status symbol in countries like india.

Answer 7

Volatility in gold and silver is only too severe as a results of fact of a few u . s . suffering a great undertaking subsequently very secure investment is gold and silver so each and every person run at the back of this commodity

Answer 8

oil is going up.
inflation is going up
wars are starting
natural disasters are occuring.
gold is now being USED in nanotechnology (and that will continue to rise, increased demand)
US $ being devalued.

There are many factors. Sure the price could go down. Doens't mean it will. It should be going up based on everything that is occuring... that doesn't mean it should rise overnight or to crazy amounts.... it just means it should rise. That doesn't mean there is a $ amount we can predict...

Answer 9

up, along with everything else.. the middle east crisis will most likley give gold a quick boost, but don't expect the growth patterns of the last 5 years...

Answer 10

It will go up.
It will go down.

Guaranteed!