What is the gold price forecast for May 2022?

Gold Price forecast for May 2022. In the beginning price at 1527 Dollars. High price 1703, low 1527. The average for the month 1595. The Gold Price forecast at the end of the month 1622, change for May 6.2%. Gold Price forecast for June 2022.

How much will gold cost in 2023?

Gold prices could surge to $4,000 per ounce in 2023 as interest rate hikes and recession fears keep markets volatile, said Juerg Kiener, managing director and chief investment officer of Swiss Asia Capital. The price of the precious metal could reach between $2,500 and $4,000 sometime next year, Kiener told CNBC’s “Street Signs Asia” on Wednesday.

What is the return on gold?

“Since 2000s, the average return gold in any currency is somewhere between 8% and 10% a year. You haven’t achieved that in the bond market. You have not achieved that in the equity market.”