Gold May Return 25% In 2019 Given Brexit, Trump and Other Risks - IG TV Interview GoldCore
- Outlook for gold in 2019: IG TV Victoria Scholar interviews GoldCore- Given Brexit & Trump risk, trade wars & fragile economic growth, gold may gain 20%-25% in 2019- Palladium has surged to record highs and gold will play catch up in coming years and reach record highs again; Both nominal highs near $1,900/oz and inflation adjusted at much higher prices- Global demand will be strong in 2019 and gold production globally is plateauing- Focus on gold not just in dollars but in euros, pounds & local currency terms in which gold made gains in 2018 and will likely do again in 2019- Year-end 2019 forecast for gold is 1500 $/oz but gold's value is as a safe haven
Courtesy of IG Markets
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Gold Prices (LBMA PM)
21 Jan: USD 1,278.70, GBP 995.08 & EUR 1,124.11 per ounce18 Jan: USD 1,285.05, GBP 993.34 & EUR 1,126.86 per ounce17 Jan: USD 1,294.00, GBP 1,004.92 & EUR 1,135.87 per ounce16 Jan: USD 1,290.50, GBP 1,002.46 & EUR 1,130.99 per ounce15 Jan: USD 1,289.35, GBP 1,002.99 & EUR 1,127.67 per ounce14 Jan: USD 1,293.70, GBP 1,007.02 & EUR 1,129.27 per ounce11 Jan: USD 1,298.80, GBP 1,012.91 & EUR 1,123.96 per ounce
Silver Prices (LBMA)
21 Jan: USD 15.26, GBP 11.86 & EUR 13.42 per ounce18 Jan: USD 15.47, GBP 11.96 & EUR 13.56 per ounce17 Jan: USD 15.57, GBP 12.08 & EUR 13.66 per ounce16 Jan: USD 15.54, GBP 12.09 & EUR 13.66 per ounce15 Jan: USD 15.60, GBP 12.13 & EUR 13.65 per ounce14 Jan: USD 15.61, GBP 12.13 & EUR 13.61 per ounce11 Jan: USD 15.68, GBP 12.23 & EUR 13.60 per ounce
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