| Our gold forecast for the rest of 2015 shows three big factors affecting the direction of the yellow metal. First, let’s look at where gold prices are now. After hitting a four-week high Thursday, the gold price paused in early trading Friday. At last check, the yellow metal was up $0.80 at $1,202.80 an ounce.
After trading as high as $1,207.00 an ounce, gold ended Thursday’s U.S. session up $24.50, or 2.08%, at $1,201.40. Thursday’s gain in the gold price put the precious metal back in positive territory for the year. The yellow metal is up 1.5% year to date. So, what’s the longer-term gold forecast? There are a few factors affecting the rest of the year’s gold price forecast...............................................Full Article: Source
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