The price of gold will rise to $1,450 a troy ounce in the next year, according to a poll of bankers, producers and analysts attending the London Bullion Market Association conference in Berlin, the biggest gathering of the precious metal’s industry.
If realised, that would mark a 12.5 per cent increase from current record prices just above $1,300 an ounce. On Tuesday, spot gold traded at $1,289.50.
If realised, that would mark a 12.5 per cent increase from current record prices just above $1,300 an ounce. On Tuesday, spot gold traded at $1,289.50.
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