Forecast 2015

The following tables summarise the forecasts produced by analysts' who participated in the LBMA's 2015 Forecast Survey.

Analysts were asked in early January 2015 to predict the average price during 2015 of gold, silver, platinum and palladium. The tables are interactive and split by metal. By clicking on the column heading you can see which analyst's forecast is closest to the average price for the year. Any tie and the range (difference between their predicted highs and lows) are taken into account. Roll your cursor over the balloon symbol to see the analyst's commentary. Click here to view the full 2015 Forecast


High

Low

Average

Range

 
YTD actual at $ $ $ $  
Average forecasts $1356 $1085 $1211 $271  
William Adams - Fastmarkets Ltd $1292 $1172 $1252 $120
Robin Bhar - Societe Generale CIB $1340 $950 $1025 $390 More Information
Stephen Briggs - BNP Paribas $1275 $900 $1030 $375 More Information
Jonathan Butler - Mitsubishi Corporation International (Europe) Plc $1360 $950 $1210 $410 More Information
Suki Cooper - Barclays $1340 $1060 $1170 $280 More Information
Bernard Dahdah - Natixis $1400 $950 $1160 $450 More Information
Peter Fertig - QCR Quantitative Commodity Research Ltd. $1350 $1075 $1216 $275 More Information
Carsten Fritsch - Commerzbank $1300 $1050 $1200 $250 More Information
Rene Hochreiter - Sieberana Research (Pty) Ltd $1400 $1170 $1270 $230 More Information
Dr David Jollie - Mitsui & Co Precious Metals, Inc. $1340 $1050 $1215 $290 More Information
Ni Jun - ICBC $1405 $1180 $1268 $225 More Information
Nikos Kavalis - Metals Focus $1300 $1080 $1185 $220 More Information
Philip Klapwijk - Precious Metals Insights Limited $1320 $1060 $1173 $260 More Information
Edward Meir - INTL Commodities $1400 $1100 $1253 $300 More Information
Bart Melek - TD Securities $1345 $1168 $1283 $177 More Information
Martin Murenbeeld - Dundee Capital Markets $1425 $1145 $1255 $280 More Information
Adam Myers - Credit Agricole $1250 $880 $950 $370 More Information
Eddie Nagao - Sumitomo Corporation $1330 $1125 $1205 $205 More Information
Ross Norman - Sharps Pixley $1450 $1170 $1321 $280 More Information
Rhona O'Connell - Thomson Reuters GFMS $1340 $1050 $1170 $290 More Information
Frederic Panizzutti - MKS Switzerland S.A. $1390 $1150 $1292 $240 More Information
Thorsten Proettel - LBBW $1525 $1180 $1312 $345 More Information
Florian Richardt - Heraeus $1325 $1125 $1230 $200 More Information
Rohit Savant - CPM Group $1420 $1100 $1235 $320 More Information
Nicholas Snowdon - Standard Chartered Bank $1350 $1100 $1245 $250 More Information
Anita Soni - Credit Suisse $1325 $1125 $1225 $200 More Information
James Steel - HSBC $1305 $1120 $1234 $185 More Information
Joni Teves - UBS $1350 $1080 $1190 $270 More Information
Matthew Turner - Macquarie Capital $1410 $1090 $1255 $320 More Information
Bhargava Vaidya - B.N. Vaidya & Associates $1280 $1120 $1235 $160 More Information
Wolfgang Wrzesniok-Rossbach - Degussa Goldhandel GmbH $1395 $1160 $1270 $235 More Information

High

Low

Average

Range

 
YTD actual at $ $ $ $  
Average forecasts $19.36 $13.91 $16.76 $5.45  
William Adams - Fastmarkets Ltd $18.80 $15.71 $17.63 $3.09 More Information
Robin Bhar - Societe Generale CIB $18.00 $10.00 $13.00 $8.00 More Information
Jonathan Butler - Mitsubishi Corporation International (Europe) Plc $19.50 $10.00 $16.45 $9.50 More Information
Suki Cooper - Barclays $18.50 $12.00 $15.20 $6.50 More Information
Bernard Dahdah - Natixis $20.00 $12.00 $15.50 $8.00 More Information
Peter Fertig - QCR Quantitative Commodity Research Ltd. $17.75 $14.00 $16.15 $3.75 More Information
Carsten Fritsch - Commerzbank $18.50 $14.00 $17.00 $4.50 More Information
Rene Hochreiter - Sieberana Research (Pty) Ltd $18.50 $12.50 $15.50 $6.00 More Information
Dr David Jollie - Mitsui & Co Precious Metals, Inc. $19.0 $13.70 $16.70 $5.30 More Information
Ni Jun - ICBC $19.18 $14.50 $17.20 $4.68 More Information
Nikos Kavalis - Metals Focus $18.00 $14.00 $16.20 $4.00 More Information
Philip Klapwijk - Precious Metals Insights Limited $18.45 $13.90 $15.95 $4.55 More Information
Edward Meir - INTL Commodities $19.00 $14.50 $16.88 $4.50 More Information
Bart Melek - TD Securities $19.81 $15.05 $18.38 $4.76 More Information
Adam Myers - Credit Agricole $18.00 $13.00 $15.00 $5.00 More Information
Eddie Nagao - Sumitomo Corporation $19.10 $14.00 $16.10 $5.10 More Information
Ross Norman - Sharps Pixley $21.75 $14.50 $18.56 $7.25 More Information
Rhona O'Connell - Thomson Reuters GFMS $20.00 $14.15 $16.50 $5.85 More Information
Frederic Panizzutti - MKS Switzerland S.A. $20.20 $15.20 $17.72 $5.00 More Information
Thorsten Proettel - LBBW $19.50 $13.90 $17.90 $5.60 More Information
Ralph Profiti - Credit Suisse $19.45 $15.95 $17.70 $3.50 More Information
Florian Richardt - Heraeus $18.70 $14.20 $17.00 $4.50 More Information
Rohit Savant - CPM Group $18.00 $14.00 $16.88 $4.00 More Information
Nicholas Snowdon - Standard Chartered Bank $18.00 $15.00 $17.20 $3.00 More Information
James Steel - HSBC $21.25 $15.25 $17.65 $6.00 More Information
Joni Teves - UBS $21.00 $15.00 $18.20 $6.00 More Information
Matthew Turner - Macquarie Capital $22.00 $14.00 $17.25 $8.00 More Information
Bhargava Vaidya - B.N. Vaidya & Associates $19.50 $14.25 $16.05 $5.25 More Information
Wolfgang, Wrzesniok-Rossbach - Degussa Goldhandel GmbH $22.00 $15.10 $18.55 $6.90 More Information

High

Low

Average

Range

 
YTD actual at $ $ $ $  
Average forecasts - $1439 $1144 $1294 $295  
William Adams - Fastmarkets Ltd $1407 $1193 $1282 $214 More Information
Robin Bhar - Societe Generale CIB $1450 $1150 $1290 $300 More Information
Daniel Briesemann - Commerzbank $1350 $1100 $1250 $250 More Information
Jonathan Butler - Mitsubishi Corporation International (Europe) Plc $1450 $1000 $1300 $450 More Information
Suki Cooper - Barclays $1495 $1150 $1324 $345 More Information
Bernard Dahdah - Natixis $1600 $1250 $1355 $350 More Information
Peter Fertig - QCR Quantitative Commodity Research Ltd. $1395 $1100 $1238 $295 More Information
Rene Hochreiter - Sieberana Research (Pty) Ltd $1450 $1200 $1330 $250 More Information
Dr David Jollie - Mitsui & Co Precious Metals, Inc. $1410 $1100 $1245 $310 More Information
Philip Klapwijk - Precious Metals Insights Limited $1420 $1180 $1267 $240 More Information
Bart Melek - TD Securities $1675 $1190 $1434 $485 More Information
Eddie Nagao - Sumitomo Corporation $1395 $1165 $1290 $230 More Information
Philip Newman - Metals Focus $1430 $1170 $1280 $260 More Information
Ross Norman - Sharps Pixley $1480 $1120 $1268 $360 More Information
Rhona O'Connell - Thomson Reuters GFMS $1500 $1180 $1350 $320 More Information
Frederic Panizzutti - MKS Switzerland S.A. $1420 $1190 $1342 $230 More Information
Thorsten Proettel - LBBW $1350 $1150 $1260 $200 More Information
Florian Richardt - Heraeus $1395 $1125 $1270 $270 More Information
Rohit Savant - CPM Group $1450 $1100 $1250 $350 More Information
Nicholas Snowdon - Standard Chartered Bank $1450 $1200 $1350 $250 More Information
Anita Soni - Credit Suisse $1325 $1225 $1275 $100 More Information
James Steel - HSBC $1430 $1180 $1337 $250 More Information
Glyn Stevens - INTL Commodities $1294 $946 $1098 $348 More Information
Joni Teves - UBS $1550 $1150 $1400 $400 More Information
Matthew Turner - Macquarie Capital $1450 $1090 $1286 $360 More Information
Wolfgang Wrzesniok-Rossbach - Degussa Goldhandel GmbH $1400 $1150 $1275 $250 More Information

High

Low

Average

Range

 
Average forecasts - $932.88 $718.69 $838.40 $214.19  
William Adams - Fastmarkets Ltd $990 $768 $860 $222 More Information
Robin Bhar - Societe Generale CIB $1000 $700 $815 $300 More Information
Daniel Briesemann - Commerzbank $900 $700 $790 $200 More Information
Jonathan Butler - Mitsubishi Corporation International (Europe) Plc $900 $650 $840 $250 More Information
Suki Cooper - Barclays $930 $740 $850 $190 More Information
Bernard Dahdah - Natixis $880 $600 $775 $280 More Information
Peter Fertig - QCR Quantitative Commodity Research Ltd. $865 $715 $787.50 $150 More Information
Rene Hochreiter - Sieberana Research (Pty) Ltd $1050 $800 $950 $250 More Information
Dr David Jollie - Mitsui & Co Precious Metals, Inc. $930 $700 $790 $230 More Information
Philip Klapwijk - Precious Metals Insights Ltd. $920 $775 $841 $145 More Information
Bart Melek - TD Securities $912 $700 $811 $212 More Information
Eddie Nagao - Sumitomo Corporation $960 $750 $860 $210 More Information
Philip Newman - Metals Focus $920 $750 $840 $170 More Information
Ross Norman - Sharps Pixley $975 $660 $876 $315 More Information
Rhona O'Connell - Thomson Reuters GFMS $1005 $750 $905 $255 More Information
Frederic Panizzutti - MKS Switzerland S.A. $940 $705 $858 $235 More Information
Thorsten Proettel - LBBW $900 $690 $850 $210 More Information
Florian Richardt - Heraeus $900 $740 $840 $160 More Information
Rohit Savant - CPM Group $900 $650 $804 $250 More Information
Nicholas Snowdon - Standard Chartered Bank $950 $750 $850 $200 More Information
Anita Soni - Credit Suisse $875 $800 $838 $75 More Information
James Steel - HSBC $925 $675 $837 $170 More Information
Glyn Stevens - INTL Commodities $848 $648 $738 $200 More Information
Joni Teves - UBS $980 $750 $900 $230 More Information
Matthew Turner - Macquarie Capital $950 $700 $848 $250 More Information
Wolfgang Wrzesniok-Rossbach - Degussa Goldhandel GmbH $950 $740 $845 $210 More Information