Forecast 2017

The following tables summarise the forecasts produced by analysts' who participated in the LBMA's 2017 Forecast Survey. Analysts were asked in early January 2017 to predict the average price during 2017 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. Click here to view the full 2017 Forecast.

 

Low

Average

High

Range

YTD actual at $ $ $ $
Average forecasts $1,101 $1,244 $1,379 $278
William Adams - Metal Bulletin Ltd $1,118 $1,305 $1,430 $312
Robin Bhar - Societe Generale CIB $1,050 $1,150 $1,300 $250
Jonathan Butler - Mitsubishi Corporation International (Europe) Plc $1,020 $1,205 $1,350 $330
Suki Cooper - Standard Chartered $1,090 $1,213 $1,325 $235
Bernard Dahdah - Natixis $1,060 $1,110 $1,400 $340
Peter Fertig - QCR Quantitative Commodity Research Ltd. $1,025 $1,131 $1,250 $225
Carsten Fritsch - Commerzbank AG $1,050 $1,225 $1,350 $300
Rene Hochreiter - Sieberana Research (Pty) Ltd $1,150 $1,285 $1,380 $230
Nikos Kavalis - Metals Focus $1,100 $1,285 $1,460 $360
Tom Kendall - ICBC Standard Bank $1,100 $1,175 $1,320 $220
Philip Klapwijk - Precious Metals Insights $1,140 $1,288 $1,362 $222
Edward Meir - INTL FCStone  $1,080 $1,275 $1,420 $340
Bart Melek - TD Securities  $1,108 $1,256 $1,375 $267
Eddie Nagao - Sumitomo Corporation $1,050 $1,201 $1,380 $330
Ross Norman - Sharps Pixley $1,148 $1,310 $1,390 $242
Frederic Panizzutti - MKS Switzerland S.A. $1,120 $1,272 $1,380 $260
Thorsten Proettel - LBBW $1,170 $1,270 $1,370 $200
Kun Shen - Bank of China  $1,150 $1,300 $1,450 $300
James Steel - HSBC $1,120 $1,282 $1,390 $270
Ross Strachan - Thomson Reuters GFMS $1,150 $1,259 $1,400 $250
Joni Teves - UBS Limited  $1,150 $1,350 $1,450 $300
Matthew Turner - Macquarie Bank $1,075 $1,216 $1,400 $325
Bhargava Vaidya - B.N. Vaidya & Associates $1,100 $1,260 $1,375 $275
 

Low

Average

High

Range

YTD actual at $ $ $ $
Average forecasts $15.13 $17.77 $20.66 $5.53
William Adams - Metal Bulletin Ltd $15.80 $20.20 $21.70 $5.90
Robin Bhar - Societe Generale CIB $15.00 $16.00 $18.00 $3.00
Jonathan Butler - Mitsubishi Corporation International (Europe) Plc $15.00 $18.25 $21.00 $6.00
Tianze Cheng - Bank of China $14.50 $18.60 $23.00 $8.50
Suki Cooper - Standard Chartered $14.50 $16.60 $19.50 $5.00
Bernard Dahdah - Natixis $13.50 $15.10 $22.00 $8.50
Peter Fertig - QCR Quantitative Commodity Research Ltd. $14.25 $15.75 $17.75 $3.50
Carsten Fritsch - Commerzbank AG $15.00 $18.00 $20.00 $5.00
Rene Hochreiter - Sieberana Research (Pty) Ltd $16.55 $17.65 $19.25 $2.70
Tom Kendall - ICBC Standard Bank $14.90 $17.10 $19.20 $4.30
Philip Klapwijk - Precious Metals Insights $15.90 $18.25 $20.05 $4.15
Edward Meir - INTL FCStone  $15.40 $17.70 $21.00 $5.60
Bart Melek - TD Securities  $14.90 $17.31 $20.78 $5.88
Eddie Nagao - Sumitomo Corporation $14.50 $17.10 $20.00 $5.50
Philip Newman - Metals Focus  $15.30 $18.30 $24.00 $8.70
Ross Norman - Sharps Pixley $15.95 $19.75 $23.00 $7.05
Frederic Panizzutti - MKS Switzerland S.A. $15.20 $17.65 $18.80 $3.60
Thorsten Proettel - LBBW $15.50 $17.90 $19.50 $4.00
James Steel - HSBC $16.00 $18.75 $21.50 $5.50
Ross Strachan - Thomson Reuters GFMS $15.95 $18.68 $22.50 $6.55
Joni Teves - UBS Limited  $15.80 $18.60 $21.00 $5.20
Matthew Turner - Macquarie Bank $15.00 $18.31 $22.00 $7.00
Bhargava Vaidya - B.N. Vaidya & Associates $13.70 $17.25 $19.75 $6.05
 

Low

Average

High

Range

YTD actual at $ $ $ $
Average forecasts $865 $1,014 $1,167 $302
William Adams - Metal Bulletin Ltd $890 $1,140 $1,280 $390
Robin Bahr - Societe Generale  $950 $1,040 $1,100 $150
Han Bao - Bank of China  $825 $1,025 $1,185 $360
Daniel Briesemann - Commerzbank AG $850 $1,000 $1,150 $300
Jonathan Butler - Mitsubishi Corporation International (Europe) Plc $890 $1,010 $1,180 $290
Suki Cooper - Standard Chartered $850 $1,008 $1,150 $300
Bernard Dahdah - Natixis $850 $1,015 $1,300 $450
Peter Fertig - QCR Quantitative Commodity Research Ltd. $800 $905 $1,050 $250
Oliver Heathman - Metals Focus $850 $1,035 $1,240 $390
Rene Hochreiter - Sieberana Research (Pty) Ltd $900 $1,016 $1,100 $200
David Jollie - Anglo American Platinum $830 $1,020 $1,285 $455
Tom Kendall - ICBC Standard Bank $890 $1,085 $1,220 $330
Philip Klapwijk - Precious Metals Insights $845 $997 $1,090 $245
Bart Melek - TD Securities  $852 $984 $1,180 $328
Eddie Nagao - Sumitomo Corporation $780 $928 $1,080 $300
Ross Norman - Sharps Pixley $906 $1,023 $1,100 $194
Frederic Panizzutti - MKS Switzerland S.A. $870 $1,033 $1,180 $310
Thorsten Proettel - LBBW $890 $990 $1,090 $200
James Steel - HSBC $880 $1,075 $1,185 $305
Glyn Stevens - INTL FCStone  $802 $935 $1,144 $342
Ross Strachan - Thomson Reuters GFMS $890 $987.50 $1,150 $260
Joni Teves - UBS Limited  $900 $1,060 $1,200 $300
Matthew Turner - Macquarie Bank $900 $1,006 $1,200 $300
 

Low

Average

High

Range

YTD actual at $ $ $ $
Average forecasts $634 $762 $872 $238
William Adams - Metal Bulletin Ltd $650 $850 $940 $290
Robin Bahr - Societe Generale $650 $750 $850 $200
Dun Bao - Bank of China $655 $825 $955 $300
Daniel Briesemann - Commerzbank AG $600 $730 $825 $225
Jonathan Butler - Mitsubishi Corporation International (Europe) Plc $600 $763 $850 $250
Suki Cooper - Standard Chartered $600 $723 $850 $250
Bernard Dahdah - Natixis $600 $714 $800 $200
Peter Fertig - QCR Quantitative Commodity Research Ltd. $675 $725 $800 $125
Rene Hochreiter - Sieberana Research (Pty) Ltd $700 $800 $1,020 $320
David Jollie - Anglo American Platinum $620 $745 $825 $205
Tom Kendall - ICBC Standard Bank $640 $765 $860 $220
Philip Klapwijk - Precious Metals Insights $655 $739 $835 $180
Junlu Liang - Metals Focus  $620 $730 $840 $220
Bart Melek - TD Securities $611 $778 $900 $289
Eddie Nagao - Sumitomo Corporation $650 $760 $900 $250
Ross Norma - Sharps Pixley $700 $828 $900 $200
Frederic Panizzutti - MKS Switzerland S.A. $650 $791 $890  $240
Thorsten Proettel - LBBW $710 $840 $900 $190
James Steel - HSBC $575 $790 $870 $295
Glyn Stevens - INTL FCStone  $604 $735 $928 $324
Ross Strachan - Thomson Reuters GFMS $610 $706 $830 $220
Joni Teves - UBS Limited  $650 $800 $900 $250
Matthew Turner - Macquarie Bank $550 $650 $785 $235