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LBMA Attendees See $1,347/Oz Gold In One Year

Posted on 20 October 2016

Gold will rise to $1,347 an ounce during the next year, according to a poll of attendees after the London Bullion Market Association’s annual conference in Singapore this week. The LBMA asks audience members where they think each of the precious metals will go as of the 2017 LBMA conference, which is scheduled for Oct. 15-17 in Barcelona.
Participants were most bullish about silver over the next year, the LBMA pointed out. The average of forecasts was $20.90 an ounce, which would be an increase of 18% from the early-morning price of $17.73……………………………………Full Article: Source


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