Share This Article

Facebook LinkedIn
Twitter Reddit
Print Email
Pinterest Gmail
Yahoo
Money Morning
×
  • Invest
    • Best Stocks to Buy
    • Stock Forecasts
    • Stocks to Sell Now
    • Stock Market Predictions
    • Technology Stocks
    • Best REITs to Buy Now
    • IPO Stocks
    • Penny Stocks
    • Dividend Stocks
    • Cryptocurrencies
    • Cannabis Investing
    • AI Investing
  • Trade
    • How to Trade Options
    • Best Trades to Make Now
    • Options Trading Strategies
    • Weekly Trade Recommendations
  • Retire
    • Income Investing Guide
    • Retirement Articles
  • More
    • Money Morning LIVE
    • Special Investing Reports
    • Our ELetters
    • Our Premium Services
    • Videos
    • Meet Our Experts
    • Profit Academy
    • Postcards
Login Archives Your Team About Us FAQ
  • Invest
    • Best Stocks to Buy
    • Stock Forecasts
    • Stocks to Sell Now
    • Stock Market Predictions
    • Technology Stocks
    • Best REITs to Buy Now
    • IPO Stocks
    • Penny Stocks
    • Dividend Stocks
    • Cryptocurrencies
    • Cannabis Investing
    • AI Investing
    ×
  • Trade
    • How to Trade Options
    • Best Trades to Make Now
    • Options Trading Strategies
    • Weekly Trade Recommendations
    ×
  • Retire
    • Income Investing Guide
    • Retirement Articles
    ×
  • More
    • Money Morning LIVE
    • Special Investing Reports
    • Our ELetters
    • Our Premium Services
    • Videos
    • Meet Our Experts
    • Profit Academy
    • Postcards
    ×
  • Subscribe
Enter stock ticker or keyword
×
Join 100,000+ Like-Minded Investors Today
Twitter
Tags: Gold

Gold Price Forecast 2015 Driven by These Two Key Factors 

By , Money Morning • December 17, 2014

View Comments

Start the conversation

Leave a Reply Click here to cancel reply.

You must be logged in to post a comment.

Gold Price Forecast 2015: The gold price looks like it will end 2014 down, rounding out three years of weakness for the metal. That makes the outlook for gold in 2015 even more anticipated than previous years...

The biggest questions around gold's direction in 2015 include: Is gold finally done consolidating? When will it regain its bullish trend? Is gold a good buy today?

Let's take a look at all the factors to consider...

How the U.S. Dollar Will Affect Gold Prices in 2015

gold price forecast 2015One of the biggest headwinds for gold prices this year has been the U.S. dollar. So far this year, the U.S. Dollar Index is up from 80 at the beginning of July to about 88.5 right now. That's a 10.6% move in just five months - huge for any currency.

Now the U.S. dollar is at a level not reached since July 2009, in the immediate aftermath of the financial crisis.

gold price forecast 2015 dxyA stronger dollar means fewer of them are needed to buy the same quantity of gold. The gold price can still rise simultaneously with the dollar, but it's more difficult.

We could see the U.S. dollar continue to strengthen into 2015. The most influential central banks across the globe are aggressively printing money and either keeping interest rates low or actively lowering them. Japan, Europe, and China are all battling to weaken their currencies.

Overall, though, I don't expect the dollar to continue to weigh too much on gold's advance, because central banks will be desperate to get inflation going. And at some point the dollar's rise will be problematic, so expect the U.S. Federal Reserve and U.S. Treasury to start "talking down" the dollar before too long, which should help the gold price.

Asia's Surging Demand Will Move Gold Prices in 2015

Another big support for gold is demand, especially from Asia.

Chinese gold demand has been strong and growing rapidly, especially since 2008. According to the China Gold Yearbook, it has nearly doubled from 1,141 tonnes in 2012 to 2,199 tonnes in 2013. What's more, it's expected to grow nearly 50% to more than 3,100 tonnes in 2014.

And then there's the wild card:

Here Are 10 “One-Click” Ways to Earn 10% or Better on Your Money Every Quarter

Appreciation is great, but it’s possible to get even more out of the shares you own. A lot more: you can easily beat inflation and collect regular income to spare. There are no complicated trades to put on, no high-level options clearances necessary. In fact, you can do this with a couple of mouse clicks – passive income redefined. Click here for the report…

Claim My Free Report

Subscribe
Login
Notify of
guest

guest

4 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
H. Craig Bradley
H. Craig Bradley
8 years ago

CENTRAL BANK TALK AND NO DO

About all the FED can do anymore, or central bankers as a group, is talk. "The Fed can talk down the U.S. Dollar", right? Ha, Ha, Ha. Markets decide exchange rates. In fact, the U.S. Dollar Index was not even on the FED's "Dashboard" when Ben Bernanke was chair. So much for that notion. Now the next example: The European Central Bank and its current Chair, Mario Dragi. Mario says each time about future European QE: " He will do whatever it takes". Only problem is he keeps saying the same thing ( "Crying Wolf" ) but no massive asset purchases to stimulate inflation. Its a no go.

Ben Bernanke also tried the "Taper Tantrum" in May 2013, causing interest rates to go up for awhile, but then rates started heading back down in earnest early in 2014. So much for interest rate talk. The FED has also lost control of interest rates. OPEC has lost control of oil prices, as they can not control them anymore. What we now have is real free markets globally in currencies, exchange rates, interest rates, and oil prices.

Welcome to the new "Wild West" in global markets and the volatility that will come with in on occasion when the next shoot-out or crisis erupts ( New Arab Spring).

0
Reply
StickClose
John Richardson
John Richardson
8 years ago

Gold is real money. It has been used as money for 5,000 years, and will continue to be used as a means of exchange for the foreseeable future, when the dollar, the euro, the British pound and other fiat currencies have found their intrinsic value – zero.

0
Reply
StickClose
Paul
Paul
8 years ago
Reply to  John Richardson

Yeah, keep saying this nonsense for a few more years. Better yet, buy gold and silver, don't keep any dollars. We will see, who lasts longer, your brain-dead lifestyle or the reserve currency of the world. I am absolutely certain that you rely on the dollar 100% each and every day of both your personal and business life. Unbelievable to what lengths some of you stupid fools go just to sell their crap (for dollars might I add).

0
Reply
william121
william121
7 years ago

i like it.

0
Reply
StickClose


Latest News

September 22, 2023 • By Shah Gilani

earnings
Why the Fed's "Higher for Longer" Message on Interest Rates is Bogus

September 22, 2023 • By Tom Gentile

This is the Top 'Worst-in-Breed' Stock Heading into October

September 21, 2023 • By Shah Gilani

earnings
The Best Auto Stocks to Buy (or Avoid) Right Now
Trending Stories
ABOUT MONEY MORNING

Money Morning gives you access to a team of market experts with more than 250 years of combined investing experience – for free. Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors.

QUICK LINKS
About Us COVID-19 Announcements How Money Morning Works FAQs Contact Us Search Article Archive Forgot Username/Password Archives Profit Academy Research Your Team Videos Text Messaging Terms of Use
FREE NEWSLETTERS
Total Wealth Research Power Profit Trades Penny Hawk Midday Momentum
PREMIUM SERVICES
Money Map Press Home Money Map Report Fast Fortune Club Weekly Cash Clock Microcurrency Trader Hyperdrive Portfolio Rocket Wealth Initiative Quantum Data Profits Flashpoint Trader Darknet Alpha Accelerators Brutus Alerts Resource Traders Alliance L.A.U.N.C.H. Investor Rob Roy Trader Long-Term Equity Profits

© 2023 Money Morning All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning.

Address: 1125 N Charles St. | Baltimore, MD, 21201 | USA | Phone: 888.384.8339 | Disclaimer | Sitemap | Privacy Policy | Whitelist Us | Do Not Sell or Share My Personal Information

wpDiscuz