-
Gold’s not done: LBMA survey forecasts prices near $5,000 in 12 months
After significantly underestimating the gold’s potential for the last two years, market players are playing catch-up, with expectations that gold will test support just below $5,000 an ounce by this time next year, according to sentiment at the 2025 London Bullion Market Association (LBMA) Global Precious Metals Conference. In a survey conducted during the conference, delegates said they expect gold prices to rise to $4,980.30 an ounce. The LBMA forecast reflects a 25% gain from current prices. The bullish outlook comes as gold has dropped sharply below $4,000 after a wave of selling hit the market following record ... (full story)
- Comments / Top
- Subscribe
-
Related Stories
From miningmx.com | Oct 28, 2025
Gold prices fell beneath $4,000 per ounce this week which industry figures said was a necessary correction as the metal’s rally had driven lately by speculative positioning. Bullion declined to $3,980 per ounce during Monday’s session after climbing 27% over seven weeks to reach $4,381 on October 20. Prices have retreated more than nine percent from that ...
From kitco.com | Oct 28, 2025
Citi on Monday cut its short-term gold and silver price targets, lowering zero-to-three month gold price forecast to $3,800 per ounce from $4,000 and its silver forecast to $42 per ounce from $55, citing shifts in global market conditions. The cuts follow trade negotiations led by U.S. President Donald Trump with countries including Malaysia, Thailand, ...
Gold futures slipped before $4,000 ahead of the Federal Reserve’s October policy meeting. The yellow metal has slumped since reaching close to $4,400 early last week as US-China trade tensions diminish, suggesting that gold’s recent rally was driven by safe-haven demand. December gold futures tumbled 0.7% to a three-week low of $3,952.87 per ounce on ...
