Gold price forecast

Short term gold price forecast. Goldman Sachs considers despite the 11% increase of gold, this is a move pushed by factors that can-not be kept up. Sachs forecasts three variables in certain - US economic task being influenced by poor climate, dilemmas about a trade deficit with China, and also the tensions in Ukraine - may fall later on and trigger gold to shed its attractiveness as a safe haven expense (related to Smirk's opinions) and fall its cost. Like Bhar, Sachs views gold dropping to $1,050/oz at year's end, a 22% lower from its present worth. They find an upsurge in Chinese and US economic task once states including the climate improve, that'll drive the gold cost down.

However, I do not agree on that. Gold is going up as economy is still down.