2018 Precious Metals Forecast Survey Published
Tuesday, January 30, 2018
2018 Precious Metals Forecast Survey – Far from an Average Year
Strongly divergent views dominate this year’s forecasts with the 34 analysts divided on the paths that precious metal prices will take in 2018. Opinions differ as to the level of US real interest rates, the likely impact of geopolitical factors and the pace of global economic growth. Our contributors are divided as to what will have the greater impact and hence we have received forecasts for gold as high as $1,510 and as low as $1,120 and it’s a similar story for the other metals.
With gold forecast in a trading range of $390, silver $9, platinum $518, palladium $750 we could be in for a dramatic year in precious metals. Somewhat surprisingly the mean of all the contributors forecasts are rather more staid. The outliers cancel each other out leaving the average price for each metal in 2018 little different from those seen in the first half of January.
Click here to read the full survey, which includes analysts’ supporting commentaries.
To help you navigate more easily round the Survey the tables are interactive. By selecting the name of a contributor you can view their supporting commentary.