| Gold will drop below $1000 per ounce within the first 3 months of 2016 according to the analyst behind last year's winning forecast. Beating 30 other professional analysts in the London Bullion Market Association's 2015 gold forecast (and coming a very close second in the silver forecast), Bernard Dahdah of French investment and bullion bank Natixis called last year's annual average of $1160 per ounce down to the dollar.
Predicting a wider trading range for last year than the eventual $1046 (Dec. 2015) to $1306 (Jan. 2015), Dahdah based his 2015 forecast on the view that the "biggest driver" would be "the strength of the US Dollar...benefiting from higher employment and lower oil prices [with] growth in the US expected to accelerate."..............................................Full Article: Source
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