LONDON, 22 April 2022 - Analysis from BullionVault of how well professional forecasters have predicted future moves in the gold price features today in The Alchemist, the quarterly magazine from the London Bullion Market Association.
Reviewing a decade-and-a-half of the LBMA's annual price forecast competition, "Bulls and bears may grab the headlines," writes BullionVault's Adrian Ash, "[but] the balance between them is what drives prices higher or lower, and consensus is where investors should look for what the market is thinking - in sum - as well as for what might change it."
Read Adrian's analysis in the latest Alchemist magazine online at the LBMA here:
Gold Prices: How Well Have Our Analysts Fared in Recent Years?