LBMA 2018 Precious Metals Forecasts

Contributors to the 2018 Forecast Survey were divided over the effect of various key drivers including US interest rates, geopolitical factors and the pace of global economic growth on the prices of precious metals over the course of the year. Nevertheless, whilst trading ranges differed, the mean of the forecasts were surprisingly consistent with the results achieved in the market during the first half of the year. Particularly noteworthy were the bullish outlooks for silver and platinum, respectively forecast to increase by 4% and 3.1%.

Forecast chart

Click HERE to read the full survey, which includes analysts’ supporting commentaries.