Barron’s: Wall Street Analysts See Gold Price Rising 10% Over Next 5 Months

Here’s an interesting snippet I came across tonight on the Barron’s website. Chris Dieterich wrote about Wall Street analysts’ gold price forecasts on the Focus on Funds blog this afternoon, noting:

The consensus quarter-end price forecast for gold stands at $1,184.84 per troy ounce, according to FactSet, which compiles forecasts across Wall Street. The hive thinks that gold will hit $1,198.18 by the end of the year. That means that commodity gurus see gold rising about 9% over the next two months and 10% over the next five.

Analysts have revised their estimates to take into account July’s 6.5% drop, the worst for gold in two years. But only just barely…

(Editor’s note: Bold added for emphasis)

A short, interesting read, which you view in its entirety on the Barron’s website here.

Christopher E. Hill
Survival And Prosperity (

(Editor’s note: I am not responsible for any personal liability, loss, or risk incurred as a consequence of the use and application, either directly or indirectly, of any information presented herein)

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Wednesday, August 5th, 2015 Commodities, Investing, Precious Metals, Wall Street

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