Tag Archives: Gold Price Forecast 2021

Gold leads the way Last week we wrote about the gold to silver ratio. Our points were that it measures the price of one metal against the other, just as we use the dollars per ounce to measure daily metals prices, and just as we use ounces per Corvette to measure purchasing power preservation. Also, we discussed the range of movement that silver has around gold over the past fifty years.  We laid out notes for when to buy silver against gold, and when not to. The...

The LBMA (London Bullion Market Association) annual forecast survey published last week shows that forecasters expect the average gold price to rise 11.5% in 2021 to US$1973.8 (forecasters’ average) from the actual average gold price in 2020 of US$1769.6, and for the silver price to rise 38.7% in 2021 to US$28.50 from the actual annual average of US$20.55 in 2020. These expected averages show silver might gain three times more percentage than that of gold in 2021....