Where is the gold price heading from here?
According to a recent note out of Goldman Sachs, its analysts are expecting the gold price to remain in or around current levels for the foreseeable future.
Goldman is forecasting an average spot gold price (per ounce) of the following:
This is likely to be good news for many ASX gold miners, which are printing money with the precious metal at current levels.
- US$1,970 in 2023
- US$1,972 in 2024
- US$1,971 in 2025
- US$1,971 in 2026
Gold Price, page-142
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Last
$1.13 |
Change
0.005(0.44%) |
Mkt cap ! $2.620B | |||
| Open | High | Low | Value | Volume |
| $1.14 | $1.16 | $1.13 | $9.769M | 8.569M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 276561 | $1.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.14 | 11931 | 2 |
View Market Depth
| Last trade - 16.10pm 29/05/2024 (20 minute delay) ? |
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Last
$1.14 |
Change
0.005 ( 1.28 %) |
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| Open | High | Low | Volume | ||
| $1.14 | $1.15 | $1.13 | 1646588 | ||
| Last updated 15.59pm 29/05/2024 ? | |||||
| DEG (ASX) Chart |