Gold forecast for this week: 2.3% in 1 week

Gold price forecast and the prediction for Crude Oil and Silver.
The forecast date: June 10  2012 (before market opening).
Time horizon of the forecast: 7  trading days from  June 10  2012.
The forecast includes prediction based on "I Know First" Algorithm for:

  • Crude Oil price direction
  • Gold price direction,
  • Silver price direction

Click HERE for the updated forecast for Gold, Oil, Silver, XAU/XAG.

 Gold forecast for this week

Higher gold prices are expected next week by the majority of participants in the Kitco News Gold Survey, with many expecting the situation in Europe to draw buyers to the metal.

In the Kitco News Gold Survey, out of 33 participants, 23 responded this week. Of those 23 participants, 18 see prices up, while three see prices down, and two are neutral. Market participants include bullion dealers, investment banks, futures traders, money managers and technical-chart analysts.
 

 

Click Here for the updated Gold forecast..

 

 

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