Gold Price Expected to Continue to Climb in 2020

New York—Gold is expected to average more than $1,400/oz. next year, up from $1,360 this year, a recent Reuters poll shows.

Reuters publishes a precious metals price poll every quarter, combining predictions from two dozen or more analysts.

In the latest poll, done at the beginning of September, analysts predicted gold would average $1,393/oz. in the third quarter, $1,416 in the fourth quarter and $1,360 for the entire year.

The 2020 average for gold is forecast to rise to $1,425/oz.

 

Source : NationalJeweler