How much will gold cost in 2023?

In the middle of 2023, we expect to see $1,891 per 1 Gold. In the first half of 2024, the Gold price will climb to $2,185; in the second half, the price would add $140 and close the year at $2,325, which is +26% to the current price.

What is the gold price forecast by World Bank?

In the World Bank Commodities Price Forecast, April 2022, the Bank maintained the forecast of Gold Prices to be at $1,500 in 2025 and $1,600 in 2035. These forecasted gold prices are lower than the current Gold price of $1,800 per Troy Ounce. The Below table summarizes Gold Price Forecast by World Bank from 2021 to 2035.

Will gold rise to $1500/ounce by end of 2019?

Commerzbank Forecasts $1,500/Oz Gold Price By End Of 2019. By Allen Sykora - July 5, 2019. Commerzbank forecasts gold to rise to $1,500 an ounce by the end of 2019, according to a research report released on Friday. Analysts made the prediction even as gold was slipping due to a strong U.S. jobs report.

How to predict gold prices?

For shorter-term predictions of gold prices, the price of gold in the coming weeks and perhaps few months, technical analysis of past and current gold prices, market trends, as well as current market sentiment can be more actionable predictors. Here, the fundamentals can still play a role but generally serve more as background details.