03.02.2015 - LBMA ‘experts’ go for $1,211 gold price average in 2015, $16.76 silver
$1,294 platinum and $838.40 palladium are other average picks in this year’s LBMA precious metals forecasting competition. This is the time of year the London Bullion Market Association (LBMA) announces the entries for its annual precious metals forecasting competition, with submissions from an invited panel of ‘expert’ analysts – mainly from banks and other financial institutions. Each entrant is asked to forecast high, low and average prices for gold, silver, platinum and palladium for the year, with winners being those who predict average prices closest to the LBMA fixings average over the year. This year there were entries from a record 35 such analysts from around the world...............................................Full Article: Source
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