Analysts share their thoughts on the gold outlook for 2018. Most agree that it will take a sharp shock to the market to move the price significantly higher.
What happened to the yellow metal this year? Here’s a quarter-by-quarter review of the main gold trends of 2017 with commentary from experts.
The gold price edged higher on Friday as the US dollar eased. Meanwhile, silver was on track for a weekly increase and copper was down for the week.
In October, Spain’s worst fears were realised as Catalans voted in favour of independence and exacerbated a political crisis that has sent an entire nation into a downward, economic spiral.
The gold price edged lower on Friday after the US Senate approved a budget blueprint and investors turned to riskier assets.
Utah Medical Products released their financial report for the third quarter of 2017.
The gold price edged lower on Friday after a new jobs report increased worries of another rate hike from the US Federal Reserve.
The gold price has been driven mainly by geopolitical tensions and a weak US dollar in Q3, and looks set to end the period higher.
The gold price edged lower on Friday and was headed for a weekly loss after a North Korean missile test brought little reaction from investors.