Gold Prices To Rally 13% In 2019, Silver Up 12% - MKS PAMP Group
Although gold prices are struggling to break through critical physiological resistance at US$1,300 an ounce (AUD$1,816), one precious metals firm sees this as just a speed bump in the road to higher prices.
In its 2019 forecast, MKS PAMP Group said that they see gold prices hitting a high of US$1,460 (AUD$2,040) an ounce with prices averaging the year around $1,355 an ounce. This is one of the most bullish forecasts in the precious metals space and represents a gain of nearly 13% from current prices. February gold futures last traded at US$1,294.30 (AUD$1,808) an ounce, up 0.46% on the day.
Read more on this story at: Kitco.com