May 2015 Gold Price Projections


The first quarter of 2015 is in the books, and the gold spot price is up 4.5% in the last 30 days. Many investment banks and financial institutions have recently updated their gold price projections due to gold’s upward drive, as well as the Federal Reserve’s recent admission that it is likely to raise interest rates before the second quarter of 2015 is over.

May 2015 Gold Price Projections

Here are the latest gold price predictions for 2015 from 20 of the top minds in the gold market:

Barclays……………………………………$1,340
Bank of America Merrill Lynch…………….$1,300
BNP Paribas……………………………….$1,275
Certified Gold Exchange…………………..$1,305
Commerzbank……………………………..$1,300
CPM Group…………………………………$1,208
Goldman Sachs…………………………….$1,100
Fast Markets………………………………..$1,292
Forecasts.org………………………………$1,280
FX Street…………………………………….$1,250
Itau Unibanco Holding SA………………….$1,100
ICBC…………………………………………$1,405
Intl. Commodities…………………………..$1,400
Market Oracle………………………………$1,350
Monetary Metals Outlook………………..…$1,319
Morgan Stanley………………………..……$1,188
Natixis……………………………….………$1,400
Societe Generale……………………………$1,050
TD Securities……………………………….$1,345
UBS………………………………………….$1,350

gold price chartsThe average gold price projection for 2015, based on the 20 estimates above, is $1,277.85 per ounce. As of April 10, 2015, the gold spot price is $1,206.80 per ounce.To buy and sell physical gold, contact the Certified Gold Exchange directly at (800) 300-0715 to be referred to a local precious metal dealer, or visit http://www.CertifiedGoldExchange.com today for large-volume pricing on physical gold and silver transactions.

Advertisements

About Certified Gold Exchange, Inc.

Certified Gold Exchange first made a name for itself with banks, investing institutions and household investors in 1992 and is now known as “America’s Trusted Source for Gold”. Its A+, Zero Complaint rating and its PriceMatchPlus® guarantee makes it easy to see why American investors love to work with the Certified Gold Exchange. Call the Certified Gold Exchange toll-free at (800) 300-0715 today for your free 2015 Insiders’ Guide to Investing in Gold.
This entry was posted in Certified Gold Exchange, Gold Investment, Gold IRA, News, US Gold Market and tagged , , , , , , , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s