Gold and Silver Bullion coins and bars investment - news, charts, prices, facts and figures

Silver forecast to average $16.39/oz this year – JP Morgan

Silver prices should track gold at an average ratio of 72:1 as larger economic trends prove more potent than supply/demand fundamentals, JP Morgan said on Tuesday.

China gold flows to hit Q1 record

Withdrawals from the Shanghai Gold Exchange (SGE) remain exceptionally high despite being expected to drop following the Chinese New Year holiday. In the three weeks of trading since the holiday’s end, withdrawals from the exchange have totaled 149 tons which would seem to belie other reports that demand is slipping.

Bullion Price Movement

Spot Prices as of close of trading in New York

Tuesday, March 31, 2015

 

Natixis forecast sees gold price averaging $1,150/oz in 2015

The gold price could average $1,150 and $1,055 per ounce in 2015 and 2016 respectively as the normalisation of Federal Reserve monetary policy and further currency weakness in Europe and Japan drive the dollar higher, Natixis said in a report released on Monday.