What are the predictions for gold this year?

Question

What are the predictions for gold this year?

Answer 1

Gold is like the share market when is going up, u make the different in between and of course you have to paid for the service charge too.

Gold will still remain high for the rest of the year.

Answer 2

I predict it will still be yellow and heavy.

Watch the dollar for pricing.

I don't know how gold makes money. As best as I can see it just sits there.

Answer 3

It is a good idea to have some gold as an inflation hedge.  Say, 5 to 10 percent of a small six figure portfolio.  The way all of my associates buy and sell gold is through the gold spyders, symbol GLD.   It does not move with oil in a direct fashion.  If you under 30, I dont see the value of a gold hedge.  Buy U.S. growth stocks if you are starting you individual investment life.  You will learn, enjoy and hoepfully profit over the coming years.  This is a great country in which to invest because there are so many creative and productive people.   And its a democracy which frees you to follow your dreams.  To fall and get back up.

Answer 4

Going back to 600

Answer 5

That it could hit 1000.  With very high inflation and a weak dollar, it's predicted to do very well.