Gold Forecast 2017: Follow the Banks

  2016-09-15_18-55-38  The article was written by Jacob Saphir, a Financial Analyst at I Know First.

Gold Forecast 2017

Summary:
  • Economic View: Depreciating currency in the British pound and Russian Ruble prompting gold purchase
  • Political Factor: Federal Reserve Interest Rate, Negative Correlation between Dollar and Gold, and 2016 US Election
  • Bank Forecast: Positive Outlook in Gold

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Gold Prediction Based on Big Data: Over 15% Gain

Package Name: Commodities Forecast
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I Know First Average: 10.33%

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Yosef Cohen is a Junior Financial Analyst at I Know First.
  • Predictions for gold at the beginning of 2016 were erringly bearish
  • US and world market uncertainty is causing gold to rise
  • Analysts have made new, bullish predictions for gold
  • The US dollar is remaining stagnant which makes gold movements ambiguous
  • The 2016 election gave have a large impact on gold prices
  • I Know First maintains a bullish stance on gold

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Gold Predictions Based on Artificial Intelligence: Returns up to 16.47% in 3 Months

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