The commodities forecast from July 3, In accordance with the forecast, Gold Prices Break Record High

The commodities forecast from July 3 2011 Time horizon of the forecast: 14 trading days.

 The August contract for gold futures asettled at $1,590.10 an ounce on Friday, up 3.15% on the week, and just shy of this week’s record nominal price of $1,594.90. September silver futures gained 6.97%, settling at $39.091 an ounce.

 Gold’s direction next week:

Uncertainty regarding the outlook for European and U.S. debt has most participants in Kitco News’ Gold Survey expecting higher prices for the yellow metal next week.

Get "I Know First" updated Gold forecast 


Leave a Reply