Prices and Data

LBMA Annual Precious Metals Forecast Survey

Published annually, our forecast is the most prestigious survey in the precious metals calendar.

Hi Ho Silver - What did analysts predict for 2021?

In the latest survey, released in February 2021, analysts are forecasting double-digit price rises for all four metals against 2020 actual average prices, but only modest gains are expected from early January 2021 levels. Of the four metals, silver is predicted to be the best performing in 2021.

Read the survey the learn more:

Whose prediction was closest in 2021?

Congratulations to the winners in each metal category, who each received a 1 oz gold bar kindly donated by MKS PAMP GROUP:

  • Caroline Bain, Capital Economics (gold)
  • Peter Fertig, QCR Quantitative Commodity Research Limited (silver)
  • Suki Cooper, Standard Chartered (platinum)
  • Pearson Mururi, Afriforesight (palladium)

Want to take part?

LBMA's Public Affairs Committee approves all applications to contribute to the survey, with their decision based on:

  • The applicant’s relevant expertise
  • Their analytical and forecasting ability
  • The reputation of the institution they represent

If you would like to apply please send your details to Aelred Connelly, LBMA Public Relations Officer at