Just like weather forecasters, gold and silver watchers are apparently completely undeterred by how often they end up being wrong when trying to predict the future. And, of course, just like the weather, we keep on listening anyways…
Gold faces obstacles in 2015 for sure, most notably rising interest rates and economic growth. And yet, Hard Assets sees gold averaging $1,321 an ounce at years’ end thanks to strong demand, inflationary pressures and emerging currencies.
As if predicting gold wasn’t challenging enough, analyst Ross Norman went ahead and made predictions on several other metals too. Here’s the final tally:
SILVER
AVERAGE : $18.56
HIGH : $21.75
LOW :$14.50
PLATINUM
AVERAGE : $1,268
HIGH : $1,480
LOW :$1,120
PALLADIUM
AVERAGE : $876
HIGH : $975
LOW :$660
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