RESEARCH AND ANALYSIS
US-based Gainesville Coins recently asked 15 nominated experts (including our own Bron Suchecki) which way they think the gold market is going.
As you might expect, the responses they received ranged from bearish to bullish - and everything in between!
Rather than attempting to draw any firm conclusions, Gainesville analysed their experts' viewpoints for the most frequently cited factors affecting the price of gold.
Presented as insights that "may help you formulate your own personal financial strategies", here are their top 10 factors affecting gold in 2015.
1. Real interest rates, specifically the Fed raising its key rate
2. Generally bearish on paper money and central banks
3. Inflationary (or deflationary) pressures
4. Geopolitical strife and global economic instability
5. Strength or weakness of the U.S. dollar
6. Growth in the developing world and emerging markets
7. Monetary easing (i.e. currency devaluation) in Europe and Japan
8. Strong demand from China and India
9. Performance of the equities market
10. A boost in mining output from falling energy costs
You can read the full responses from each of the 15 experts involved in Gainesville Coins' recent survey here.
