Gold Price Forecast
Gold price forecast to surpass historical peak 2011
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With gold prices rising sharply in the past 2 days, gold investors predict that gold futures will increase to $2,500/ounce in 2020, much higher than the peak of $1,900 in 2011.
Gold prices drop sharply despite $700 billion support package
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Optimism signals and recovery trends of world gold prices quickly passed as gold prices on the world market on the afternoon of March 18 continued to be blown away from the 1,500 USD/ounce mark.
World gold prices are falling sharply like never seen before
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In less than 2 hours, the gold price on the world market tonight, Vietnam time, is losing nearly 1.7 million VND per tael.
Difficult to stay at the support level, gold price may fall to 1,611 USD
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Cash demand to offset losses for other investment channels is a factor that caused gold to sell strongly in the world market and continuously decreased sharply in price on March 10.
92% of market experts predict gold prices will increase next week
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The results of the gold price forecast survey for next week just released by Kitco News show that up to 92% of market experts and 73% of investors believe that gold prices will increase next week.
Gold price next week awaits information from ECB
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Following interest rate cuts from the US, Australia and Canada, gold price movements next week are expected to be affected by the actions of the Bank of England and the European Central Bank (ECB).
Experts analyze gold price developments before the COVID-19 spread
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Concerns about the spread of COVID-19 have not yet reached their peak in Europe and North America, which is pushing gold prices higher in the world market.
Gold price unexpectedly has more supporting factors
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Continuing the interest rate cut by the US Federal Reserve (FED) as a positive support factor for gold prices, the Bank of Canada has also just decided to cut interest rates by 0.5%.
Gold prices continue to regain what they have lost
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The US Federal Reserve's interest rate cut and a chain reaction could spread to other central banks, extending the forecast for gold's uptrend to approximately $1,692 an ounce.
Gold price exceeds 48 million VND, the increase will not stop
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In the trading session on the afternoon of February 24, world gold prices and domestic gold prices continued to cause "shock" when they both increased by 2 million VND per tael.
Exceeding 46 million VND, gold price may reach 48 million VND
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Up to 73 - 93% of experts and investors predict that gold prices will continue to increase next week and surpass the current price of 46 million VND.
Gold price skyrockets, approaching 46 million VND/tael
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Gold prices on the world market continue to increase by 14 USD per ounce, causing the world gold price to convert to 45.9 million VND/tael.
Citigroup expects gold price to approach 48 million VND
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Despite many fluctuations, the world gold price on the afternoon of February 20 continued to maintain a high level above 1,600 USD/ounce, bringing more optimistic forecasts for the upcoming gold price trend.
Gold price towards 46 million VND/tael?
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The upward trend of gold prices is not expected to stop and investors are confident that gold prices are aiming for a new mark of 1,650 USD/ounce, equivalent to 46.37 million VND per tael.
Gold prices are increasingly unpredictable
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World gold prices are struggling between rising and decreasing in the context of the US Federal Reserve giving many optimistic reviews of the country's economy while the Corona virus epidemic is still complicated.
