What is the gold price forecast for 2023?

The Gold Price forecast at the end of the month 57.45, change for December -1.7%. Gold Price forecast for January 2023. In the beginning price at 57.45 Dollars. High price 60.64, low 54.86. The average for the month 57.68. The Gold Price forecast at the end of the month 57.75, change for January 0.5%. Gold Price forecast for February 2023.

What is the gold price forecast for November 2020?

Gold Price forecast for November 2020. In the beginning price at 63.18 Dollars. High price 67.65, low 61.21. The average for the month 64.12. The Gold Price forecast at the end of the month 64.43, change for November 2.0%. Gold Price forecast for December 2020.

What happened to gold prices in March 2022?

As a result, USD-denominated gold prices experienced a significant decline, falling by more than 20% between March 2022's peak and October 2022's low. Gold prices soared in March 2023, spurred on by the risk-off sentiment caused by the collapse of Silicon Valley Bank on 10 March.

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.